Based in Coppell, Texas, Power REO Management Services, Inc. is a full service residential asset management
company focused on the servicing and marketing of foreclosed properties across the United States. Power REO Management Services, Inc.’s team of
seasoned professionals knows that attention to detail and understanding the many facets of property management are critical to a successful
partnership with their clients.
The scope of services offered by Power REO Management Services, Inc. can be as narrow or extensive as the client requires,
including securing properties after foreclosure, evaluating property condition, repairing properties before sale, preparing a marketing plan before listing,
maintaining the property during listing, and managing and closing the sale of the property. Additionally, Power REO Management Services can
perform all the necessary work to ensure the property title is clear of any liens, arrange payment of back taxes and home association fees,
and any other encumbrance to the successful sale of the property.
Our Parent Company:
Power REO Management Services, Inc. is a member of the Homeward Residential, Inc. ("Homeward") family of companies. Homeward is the 13th largest mortgage servicer in the country managing nearly $71 billion in loan servicing, representing approximately 374,000 customers. Since its inception in April 2008, Homeward has modified over 195,000
mortgage loans, including over 32,000 under HAMP. Homeward’s more than 3,000 associates work each day with the mission of helping families preserve
their dream of home ownership. Homeward is a privately-held company owned by equity funds managed by and ultimately controlled by WL Ross & Co., a
financial management company led by Wilbur Ross with over $8 billion in assets under management.