Littleton, Colo.-based Lenders Asset Management Corp. (LAMCO), a default asset management company, is offering specialized teams as part of its LAMCO REO Liquidation Management Process to handle each account.
Each assigned REO team is structured in a hierarchical fashion, typically including a client operations manager, REO account supervisor, oversight manager, asset managers and a team administrator, depending on the size and scope of work, LAMCO says.
Each team can grow or shrink based on the volume of the REO properties or the number of services that a client seeks, the company adds.
SOURCE: LAMCO
