Green River Capital Introduces Property Management, Surveillance Division

Posted by Orb Staff on February 19, 2013 No Comments
Categories : Mortgage Servicing

Green River Capital LLC (GRC), a West Valley City, Utah-based provider of REO asset management and loss mitigation services, is working with its parent company Clayton Holdings to launch a ‘surveillance’ division that will focus on risk management for the REO-to-rental markets.

‘GRC's surveillance division monitors various risk components associated with 'scattered-site' residential property management and provides our clients independent, third-party assessments of portfolio and property management performance, comparing this to underwritten assumptions and actual market performance,’ explains Lorenz Schwarz, chief operating officer of GRC.

This expansion in services follows the launch of GRC's component servicing division, which was established in September 2012 to provide customized services to investors and lenders entering the REO-to-rental market. The component servicing division provides an end-to-end suite of services to facilitate property sourcing, acquisition and collateral underwriting.

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