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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: regli who wrote (60747)12/18/2006 10:41:52 PM
From: mishedlo  Read Replies (2) of 116555
 
From 12/10/06 Dallas Morning News Classified Ads
[Thanks to Catbert on the FOOL]

Big 1/2 page advertisement.
Avelo Mortgage, LLC, located in Las Colinas, is a multi-billion dollar residential mortgage loan servicer of alt-a, subprime, option ARM, and second mortgages. Accepting applications for

TIMELINE MANAGEMENT
Foreclosure and Bankruptcy Associates-timeline, bidding, title, attorney management.

Default Control Associates-loan reviews, property services support, investor relations support

ASSET DISPOSITION AND MANAGEMENT
REO (Real Estate Owned) Asset Managers-outsourced service providers management.

Staff Appraisers-establish assets liquidation values for default strategies.

DELINQUENCY AND LOSS MANAGEMENT
Loss Mitigation Associates-workout prospectors, deal closers, early payment default and fraud investigations.

Mortgage Collectors-front and back-end collections for first and second mortgages.
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