Default Resource and MSI Partner on Distressed Property Management Solutions – NMP Skip to main content

Default Resource and MSI Partner on Distressed Property Management Solutions

Feb 22, 2011

Default Resource, a provider of real estate-owned (REO) management, valuation and loss mitigation services, has announced a strategic partnership with Mortgage Specialists International (MSI), a property preservation, field services and hazard claims provider. MSI offers a full spectrum of customized property preservation, inspection and hazard recovery services in all 50 states while maintaining strict compliance with HUD or other investor and agency regulations. Along with its existing business lines for managing troubled assets, the strategic partnership with MSI enables Default Resource to provide a complete suite of best-in-class products and services for managing distressed property. “Our business model is built around exceeding customer expectations throughout the default process,” said Default Resource Executive Vice President James Zeldin. “Protecting the health of distressed properties—and by extension, their values—is not only a critical need for our clients, but also essential to the recovery of local neighborhoods across the country. When it comes to asset protection, MSI has earned a reputation for providing an unparalleled level of quality and responsiveness. We are delighted to be working together.” “Teaming up with Default Resource was an easy decision for us since we both place quality and service above everything else,” said MSI President and Chief Execuitve Officer Jim Shivers. “This relationship gives us the opportunity to have an even greater impact toward preserving homes nationwide and aiding in the real estate market’s recovery. It is a perfect fit.” For more information visit www.DefaultResource.com or www.MSIonline.com.
About the author
Published
Feb 22, 2011
June Jobs Report Improves Mortgage Rate Outlook

Slower hiring strengthens bonds and eases concerns over additional Fed tightening

Jul 02, 2026
NEXA Founder Mike Kortas Launches evoLend To Help Originators Retain Borrowers

New Fannie Mae-, Freddie Mac- and Ginnie Mae-approved mortgage servicer aims to keep originators connected to borrowers through servicing data, payoff visibility and retention tools

Jul 02, 2026
President Trump Cancels 21st Century ROAD To Housing Act

Trump cancels signing the bipartisan housing bill, leaving affordability package in limbo

Jun 24, 2026
Commercial, Multifamily Mortgage Debt Tops $5 Trillion In Q1

MBA says outstanding debt grew by $26.3 billion in the first quarter, led by multifamily lending and increased holdings from banks, agencies, and life insurers

Jun 18, 2026
Fed Holds Rates Steady, But Outlook Dims For Mortgage Rate Relief

The Federal Reserve left rates unchanged but updated projections show more policymakers expecting additional hikes

Jun 18, 2026
Congress Nears Final Vote On 21st Century ROAD to Housing Act

Senate voted 87-8 to advance House-amended package, with final votes expected in coming days

Jun 17, 2026