Overview
Default Resource is a diversified financial services company that provides the full spectrum of default and origination products and services to the real estate and mortgage markets including valuation, REO asset management, hazard recovery, business process consulting and loss mitigation services.
Why Default Resource
Headquartered in Frederick, Maryland with satellite offices in Atlanta, Georgia, Dallas, Texas, and St. Louis, Missouri, Default Resource is well positioned to exceed our clients’ demands. We offer multiple integrated solutions leveraging cutting-edge technology and optimal decision models.
Products and Services
Valuations
Through our Mark to Market (“M2M”) subsidiary, Default Resource is the industry leader in providing accurate and cost effective valuation services including broker price opinions, appraisals, forensic reconciliations and customized valuation products. Our 150+ point quality control process and integrated technology platform ensures quality and performance.
Asset Management
Default Resource’s end-to-end asset management platform manages all traditionally disparate services and aggregates them through a single, integrated solution. We combine operational best practices, industry leading technology and our client’s proprietary business logic, maximizing exposure, reducing fixed costs, enhancing net proceeds and eliminating compliance issues. Through our subsidiary, Executive Asset Management, we create customized asset disposition solutions, leveraging multi-directional listing strategies to produce unparalleled results.
Training
Default Resource offers customized, online or classroom training for clients seeking to improve vendor or employee performance. Offering such courses as “Best Practices in REO” or “Advanced Property Valuation”, Default Resource enhances overall service levels within organizations, reduces expenses, increases operating capacity and improves profitability. Since its inception, Default Resource has trained in excess of 40,000 real estate professionals from many of the industry’s leading institutions.
Property Preservation, Inspection and Hazard Recovery
Default Resource offers comprehensive property preservation, inspection and hazard recovery services to servicers and institutional investors nationwide. Our network of over 25,000 experienced providers is considered to be one of the largest and most well respected in the industry.
Consulting
Increased competition and new business strategies require organizations to look for ways to improve operating efficiencies. Through Default Resource’s innovative consulting services, our clients are able monetize opportunities, eliminate capacity constraints and execute on industry-leading process strategies.
Transaction Services
Default Resource provides comprehensive transaction services to the residential real estate industry. By leveraging Default Resource’s network of experienced professionals, we provide comprehensive due diligence, forensic, loss mitigation and collection services to support our clients’ loan or REO acquisition / disposition initiatives.