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Calif.-Nevada leagues partner with asset management group
RANCHO CUCAMONGA, Calif. (2/24/10)--The California and Nevada Credit Union Leagues have partnered with Orange Coast Title Co.’s National Asset Management Group (NAMG) to assist the two states’ credit unions with their real property services and default administration. NAMG, based in Anaheim, Calif., is a member of the Orange Coast Title Co. family of companies. “NAMG will help our member credit unions save time and money when they have to deal with default real estate issues such as foreclosures, evictions, and real estate-owned (REO) sales,” said Sylvia Fath, the leagues’ senior vice president of business services. NAMG services include:
* Real Property Services--The company provides services to support the valuation, management and disposition of REO property. Services include: full appraisals, review appraisals, property management and repair, eviction coordination, “Cash for Keys” program, and property management and REO property sales. * Default Administration--Through its corporate parent, Orange Coast Title Co., National Asset Management Group provides complete or partial default processing services, including judicial and nonjudicial foreclosure processing, post-foreclosure title resolution, loan modification agreements, and deeds-in-lieu of foreclosure. * Document Preparation--Services include assignment and release preparation, national recording services, and replacement title policies.


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