HUD Selects Vendors For REO Marketing, Field Services

Posted by Orb Staff on June 09, 2010 No Comments
Categories : Mortgage Servicing

los LP, a Dallas-based real estate services and technology firm, has been selected by the U.S. Department of Housing and Urban Development (HUD) to provide marketing strategies to sell HUD's single-family residential portfolio in 25 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. ‘We are eager to work with the professional real estate community in each area to aggressively market these homes and create solid homeownership opportunities,’ says Stephen Polley, president of HomeTelos. "Our team has a tremendous respect for the communities in which we will work and looks forward to engaging real estate brokers and appraisers to provide the critical local market expertise we know is key to successfully selling residential assets." HUD has additionally selected First Preston Management, a national full-service real estate marketing and management firm, to provide property management services for HUD's single-family asset portfolio in 11 states, including Arizona, Idaho, Iowa, Minnesota, Montana, Nebraska, Nevada, North Dakota, South Dakota, Wisconsin and Wyoming. SOURCES: [link=http://www.firstpreston.com]First Preston Management[/link], [link=http://www.hometelos.com]HomeTelos

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