Austin, Texas based-Field Asset Services (FAS) launched FAS Vendor University, an online course designed to help FAS vendors learn how to manage their businesses and improve their operations. The program lasts for six-months and also incorporates hands-on learning activities.
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Property code violations come in all shapes and prices, but Field Asset Services (FAS) narrowed the list down to the top 10. The list is based on FAS's 30 mortgage and asset management clients; the company services more than 130,000 active properties on an ongoing basis. "Cities and local municipalities across the nation are becoming more vigilant towards issuing code violations to reduce blight and improve neighborhood conditions," said Dale McPherson, CFO of Field Asset Services.
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Field Asset Services (FAS), a provider of pre-foreclosure, REO, and renovation field services, has released its top 10 property preservation predictions for 2012, which focus on providing superior customer service, the need to take initiative to pre-empt future problems, and a demand for knowledge that will open communication and deliver results. Among the company's forecasts, institutional investors will begin to emerge as their interest in purchasing single-family residence REO properties increases, and innovation in the area of mobile technology will be necessary for vendors and contractors to work more efficiently from the field.
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Field Asset Services (FAS) announced Tuesday the kickoff of the company's first annual vendor conference titled FAS and FURIOUS! in Dallas, Texas. More than 1,000 REO and property preservation professionals from all over the country, representing over 600 companies, will converge in Dallas to take part in FAS's inaugural vendor conference.
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Field Asset Services (FAS), a nationwide provider of field services to the REO industry, announced the availability of a new pre-foreclosure service called Avert this week. The company explained that by utilizing integrated technology and building on FAS's experienced staff, Avert offers banks and servicers, for the first time, a single source solution to reduce default expenses and avoid foreclosures.
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The National Association of Mortgage Field Services (NAMFS) has teamed up with the REO property preservation firm Field Asset Services, Inc. to provide its members with information on local code enforcement officials and homeowners association (HOA) contacts. The organization's database contains approximately 12,000 code officials and 2,500 HOA contacts nationwide and has been tied to interactive search tools available via the NAMFS website.
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In an effort to align and communicate with the vendor community, the REO property preservation firm Field Asset Services has formed a Vendor Advisory Council. This panel brings together field service providers from across the country and will provide the company with guidance regarding responsiveness, predictability, quality, turn times, bid response rates, and technology adoption.
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In a move to increase vendor communication and provide higher quality services to customers, Field Asset Services, whose business is tailored to the REO industry, has announced several organizational changes. The company says the restructuring will allow FAS to bring greater efficiencies and savings to its clients, while increasing scalability, reducing turn-times, and solidifying long-term relationships with its vendor network.
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Field Asset Services (FAS) successfully processed more than 100 million photos in one year via FASconnect, its online photo management system for proof of performance reporting. The system captures, documents, and securely shares photos of work performed in the field. Powered by Pruvan, FASconnect GPS certification and time and date-stamping capabilities to provide lenders and service providers a "certified" performance guarantee of work completed on REO properties.
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Field Asset Services (FAS) now provides inspections services. With this new offering, FAS is expanding Collateral Command, the company's single source solution for all services required to manage foreclosed and REO properties. The company has fine-tuned the sometimes subjective and uncertain process of inspections to provide lenders and servicers with a "fool-proof" service, employing a national network of more than 6,000 qualified, full-time inspectors trained and experienced in property collateral and foreclosures.
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