Archive for December, 2010
Default Resource Story Carried on Charity Blog
December 15th, 2010
posted by kristenm@marktomarket.com
A short piece written by Dawn Stevens, Human Resources Director at Default Resource, was published on the Autism Speaks Official Blog. The story details the company’s recent efforts to support the organization by raising money for Autism awareness.
“Getting involved with the Autism Speaks Puzzle Builder fundraiser was an exciting opportunity for our company, Default Resource. Knowing that this was a new and innovative approach to raising awareness and money for autism, really caught our attention,” she said.
So far, the company has raised $1,340 towards its $4,000 goal. More details are available on the company website.
Click this link to the see the story on the Autism Speaks Official Blog.
Default Resource Executive Featured on Industry News Website
December 3rd, 2010
posted by admin
Frank Marshall, President of Default Resource, was featured in a recent e-mail newsletter produced by SourceMedia, New York, for its National Mortgage News publication.
In his article, Marshall points out that the recent downturn has been hard on new firms entering the REO Management space and urges services who plan to contract with such a firm to perform their due diligence.
“Servicers should take extra care when hiring REO asset managers. Always check the company’s financial condition,” Marshall wrote. “Determine if they have at least six months worth of operating capital, the condition of their receivables, and payables as well has the length of time it takes them to pay their vendors. Due diligence should always involve calling on client and business (banking) references. It’s important to find out what level of REO assets the company has been managing throughout the downturn.”
Executive Asset Management, one of the industry’s most experienced REO management firms, is one of the companies in the Default Management family. Its executives, Frank Marshall among them, have decades of experience in the business and can answer any question you have about hiring an effective REO management firm.
Contact Frank Marshall today with any questions at (301) 696-6362.
