ONTARIO, Calif. – The California and Nevada Credit Union Leagues have partnered with Orange Coast Title Company's National Asset Management Group (NAMG) to assist California and Nevada credit unions with their real property services and default administration.
Anaheim, Calif.-based National Asset Management Group is a member of the Orange Coast Title Company family of companies.
“National Asset Management Group 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, Leagues' senior vice president of business services.
The two leagues noted National Asset Management Group offers a variety of services, including:
* Real Property Services – 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 Company, National Asset Management Group provides complete or partial default processing services, including judicial and non-judicial 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.
