HomeSteps, VRM Renew Contract For Disposition Of Freddie REO

e Mac's HomeSteps real estate owned (REO) sales unit has renewed its agreement with Vendor Resource Management (VRM), an REO disposition provider based in Irving, Texas, and a subsidiary of PCV Murcor, a national real estate valuation company based in Southern California. Under the renewed agreement, VRM will continue to provide loss mitigation and REO disposition services to Freddie Mac. "We're pleased to continue working with VRM and PCV Murcor, which share our commitment to balance the need for preserving communities and mitigating credit losses," says Chris Bowden, vice president for HomeSteps. VRM has been an outsourcer for Freddie Mac since 2006. SOURCE: Vendor Resource Man

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