Recent economic conditions are presenting new REO disposition challenges to today’s lenders and servicers. In order to minimize timelines and reduce costs, servicers must have multi-faceted and proactive REO disposition strategies in place. And to be effective, these strategies must move beyond the one-size-fits-all approach to market presentment by incorporating a broader range of disposition methods.
That’s why LPS has added auction solutions to our portfolio of industry-leading asset management and disposition offerings. By integrating results-driven property auction services with LPS’ other leading default solutions, we now offer our clients an unparalleled toolset for managing and disposing of REO assets that delivers the best overall results.
LPS Auction Solutions
Real estate auctions enable lenders and servicers to shorten their REO disposition timelines while obtaining a higher price for properties sold. LPS Auction Solutions helps clients create a sense of urgency among homebuyers and generate a competitive environment that pushes asset prices up to fair market value.
Contact LPS Auction Solutions today to put our comprehensive REO asset disposition strategies to work for you!
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