Upfront Upgrades Need Will Further Test Servicers

Dymi, Amilda
May 2011
Mortgage Servicing News;May2011, Vol. 15 Issue 5, p13
The article focuses on the significance of upgrading the real estate owned assets (REOs) to test the servicers' willlingness to invest upfront in the U.S. According to business development executive Brian Daily, the success of marketing REO properties as quickly as possible depends on how servicers invests to attract buyers. It mentions that REO asset managers are challenging their agents to come up with different action plans to make their REOs more marketable.


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