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Field Asset Services and Stewart Lender Services to Offer Seven-Day REO Solution

NationalMortgageProfessional.com
Feb 23, 2011

Stewart Lender Services (SLS), a wholly-owned subsidiary of Stewart Title Company, has partnered with Field Asset Services (FAS), a provider of field services to the real estate-owned (REO) industry, to offer lenders, servicers and investors a comprehensive REO asset management/disposition solution completed typically in seven days for a flat fee. This unique offering combines the skills and experience of two of the industry’s leading default outsourcers, along with their “best-in-class” network of providers, for a fast, all-inclusive answer spanning post-foreclosure to listing readiness that includes title and closing services. The solution, named “7 in 7,” offers the seven primary services required for effective REO asset management and disposition on a nationwide basis completed in an average of seven days in most locations. These services include: ►Inspection ►Preservation ►Utilities management ►Valuation ►Marketing Strategy ►Title Search, Curative and Commitment ►Closing (whenever the property has been sold) “We know that the key to success for our REO customers is getting their assets to sale as quickly as possible,” said Jason Nadeau, president of SLS. “This offering is a single-source launching pad for getting those assets on the market.” “Providing these services for customers in a short time span is a tangible benefit,” said Dale McPherson, president of FAS. “It’s all about details and effective action. No one else in the industry can provide all these services at this level of quality this quickly to begin marketing an asset in seven days.” For more information, visit www.fieldassets.com or www.stewartlenderservices.com.
Published
Feb 23, 2011