Madison Title Offers REO And Bulk Management Services][u]Madison Title Agency[/u][/link], a division of Madison Commercial Real Estate Services, has launched its REO Solutions Group and Bulk Transaction Management Services, a suite of services targeting bank-owned properties. The new program provides services for the entire life cycle of real estate owned (REO) and bulk transactions, Madison says. Madison is offering back-end support for both buyers and sellers of distressed assets. Madison's REO team will handle asset tracking and reporting; due diligence and volume search reports; document preparation (e.g., HUD-1/settlement statements, deeds, affidavits); deed and transfer documentation preparation and recording; disposition channel management; national escrow, closing and settlement services; and title and foreclosure clearance. Madison's clients include lenders, loan servicers, local banks, investor groups, private equity funds and other service providers in the REO transaction market, and the company says several of its clients have leveraged program offerings during REO pool acquisitions. SOURCE: [link=]Madison Title Agency


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