Real Estate Owned (REO) Management

MCB maximizes ROI.

reomIn today’s turbulent real estate environment, residential foreclosures are continuing at a brisk pace.  Our banking and governmental clients rely on MCB to provide sound solutions in managing their real estate assets.  MCB’s experienced and knowledgeable team applies strong process management disciplines to prepare and market a high volume of properties… quickly.

MCB values and incorporates every client’s mission into our business strategies.  For example, our years of service as a Management and Marketing (M&M) Contractor for the Department of Housing and Urban Development (HUD) have resulted in maintaining, protecting and marketing more than 250,000 residential properties throughout the United States.  We are proud to have partnered with the government in its quest to create and preserve neighborhood communities by providing quality and affordable housing.

From acquisition to disposition and all stages in between, MCB’s expertise in the real estate and mortgage industry, and high degree of ethics and integrity in the decision-making and execution of all business activities is unparalleled.

MCB’s real estate owned management and asset disposition service capabilities include:

  • Initial inspections
  • Eviction facilitation
  • Lock-out organization
  • Cash-for-keys coordination
  • Initial valuation and marketing plan
  • Offer negotiation
  • Sales contract processing
  • Customized Reporting
  • Title clearing
  • HOA, tax and utility processing
  • Lien resolution
  • Closing process monitoring
  • HUD-1 verification
  • Compliant liquidation reporting

Learn more about how MCB can design an asset disposition program tailored to meet the specific needs of your real estate owned portfolio of foreclosed homes by contacting our marketing department.