Titanium Holdings Launches REO Unit

Posted by Orb Staff on January 12, 2010 No Comments
Categories : Mortgage Servicing

Titanium Holdings Inc., the parent company of Titanium Solutions Inc., has launched Excellen REO, a new real estate owned (REO) asset management company.

The company's service offerings include pre-marketing, valuations, marketing and sales negotiation, closing and funding, and alternative sales methods. The company will leverage a nationwide network of real estate brokers and local eviction attorneys, as well as property preservation companies.

Cary Sternberg, a former senior vice president of American Home Loan Servicing Inc.'s REO department, has been named Excellen REO's president. His previous titles also include first vice president of home loan servicing and REO of IndyMac Bank FSB, national REO manager of Ocwen Federal Bank FSB, president of Virginia Commonwealth Realty and senior vice president of American Family Homes.

‘We have assembled a staff that leverages decades of experience in REO management and key business partners across the country,’ Sternberg says. ‘Titanium Holdings has created a formidable reputation in the industry, and I look forward to garnering that same level of trust for Excellen REO.’

SOURCE: Titanium Holdings Inc.

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