Products & Resources

Default Resource offers a full range of existing capabilities:

• Default Specialists
• Bundled & Unbundled services
• Real Estate Valuations
• Hazard Claim Recovery
• Consulting Services
• REO Management
• Online training school

Buying a Foreclosure/Property Search

Affordable, market priced homes from Handyman Specials, to quality custom-built homes. In the city, suburbs, or in the country. Simply select your search criteria and click “Search”. The property information page provides a easy to use “request a showing” feature to put in direct contact with the listing agent.

Consulting

Full Suite of third-party analytics, auditing, consulting and modeling services. Specialization in managing and mitigating risk for the mortgage servicing, financial markets, and for investors and insurers by maximizing process improvement strategies.

Collateral Evaluations & Inspections

Mark To Market (M2M) was formed to be the nation’s premier provider of electronically delivered real estate valuation services. M2M offers a comprehensive line of Valuation Services covering all aspects of real estate sales, loan sales, loan acquisitions, default management needs as well as REO management needs.

Fraud Detection & Prevention

REO property resale monitoring with deed and MLS histories. Pre and Post REO pattern analysis across portfolios. Expert witness. What happens before and after your REO resale?

Hazard Recovery

Hazard Recovery is focused on innovation and technology within the property hazard insurance claim management component of servicing. The company assists mortgage servicers and investors in maximizing the claim settlements they are entitled to under the hazard insurance policy in force on serviced assets.

Third Party REO Management and Disposition Services

Our core competency for REO Management is in performance and exception management. The ongoing drive of the company to exceed industry and competitor performance standards continues to improve the overall product that is offered to the client. We offer a complete suite of REO services that manage each asset efficiently through all phases of the REO continuum.

REO and Valuations Default Servicing Technologies

At REO IQ we build our information systems the right way. Built by REO professionals for REO professionals! We continually assess the needs of our clients, improve our disposition processes to meet those needs and design fully customizable workflow applications to support the processes. Through thoughtful re-engineering, we have leveraged leading edge information technology to build world class systems around each function of the REO disposition process. While information technology integrates our expertise, it also provides the link between our Clients and their external partners, systems and vendors. Our Internet based portals provides our Clients with the ability to directly manage the REO processes with resident capabilities, or through single or multiple outsourcing relationships.

Training for Clients & Customers, Employees & Vendors

Today’s real estate market is ever changing. The number of Real Estate Owned and foreclosure properties is rapidly increasing putting more demands on the companies that own these assets. These financial institutions, mortgage lenders, and REO outsourcers use real estate agents to manage, market, and sell their assets. They rely on the expertise of these local specialists to provide the best service and to represent their property. These companies have less time and staff to train current and new brokers and agents they are using. Default School fills that void by providing online training for the corporate sellers and their brokers and agents.

Vendors

To ensure continued success for our businesses, we must work effectively with our supply partners throughout every step of the collateral management process. We earn the loyalty of our real estate agents, appraisers, and contractors and closing and title suppliers by providing technology, training, performance feedback, and performance-based distribution of work assignments.