REO
Asset Management

First Asset
Management

First Asset Management is an independent, full-service REO asset management company specializing in loss mitigation for leading banks, lending institutions, consumer finance firms and mortgage companies nationwide.

Services

First Asset Management provides a continuum of default and REO management services designed to minimize loss for our clients including:

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Clients

First Asset Management's clients include national and regional banks, consumer credit unions, mortgage service companies and real estate investment enterprises.

For more information about working with First Asset Management, email us.

REO Suppliers

First Asset’s more than 20,000 brokers are pre-qualified and hand selected based on their demonstrated success in the marketing and sale of REO properties.

Interested in becoming a part of First Asset Management’s Broker Network, click here.

foreclosure management

Servicing Management Article (.pdf)
One of the most notable changes in foreclosure management last year was the increase in luxury homes falling into distress. Consequently, the current mix of real estate owned (REO) inventories includes a far greater proportion of higher-value homes - those selling for more than $417,000 - than witnessed in years past.
Authored by Patrick Moore of Mobility Services International.