Bank Owned Homes
Keystone Asset Management is an asset management company that works with mortgage servicers to manage their default loans through the foreclosure process. Keystone offers their bank clients key services including foreclosure processing for default mortgages, short sale management, eviction coordination, developing values for foreclosure homes and the listing and selling of these properties. Keystone also offers services to investors who purchase portfolios of repossessed homes and loans directly from banks. Read more about Keystone in this post.
PennyMac is a national originator and servicer of mortgage loans. PennyMac offers both traditional and non-traditional loan products to individual homeowners. PennyMac was founded in 2008 by a group of mortgage industry professionals. In addition to originating new mortgage loans, PennyMac purchases loans from banks and lenders. Often these mortgages are in trouble and PennyMac […]
SunTrust Mortgage is the lending operation of SunTrust Bank. SunTrust has operations in many states across the country with a concentration in the south of the country. SunTrust Bank lists their foreclosure properties with local real estate agents. According to SunTrust, foreclosures are priced at fair market value. SunTrust has foreclosure properties available that they own as well as mortgages that they service for other investors.