MOST POPULAR ARTICLES
GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE
EDITOR’S NOTE: Use this information in your demands for review with OCC standards and for discovery as to who is in charge.
FDIC AWARDS & CONTACT INFORMATION FOR CONTRACTORS:
Important information and relates back to FREDDIE Mac and Fannie Mae … big listing (NO DATE) on FDIC Receivership Assistance Contractors website:
http://www.fdic.gov/buying/goods/ListofAwardsandContractorContactInformation.html
Examples:
Awards and Contact Information for FDIC Securitization Master Servicer Contractors
Master Servicer shall oversee the servicing activities of servicers assigned loans by the FDIC, monitor the servicer, and verify that the servicer’s efforts are adhering to the servicer’s obligations. This must be accomplished pursuant to the applicable servicing agreement, FDIC’s contract with the servicer, or other governing agreements. The Master Servicer has authority to enforce servicer obligations as well as calculate and administer the servicer’s monthly servicing fee and any other ancillary or incentive fees due to the servicer.
AURORA LOAN SERVICES
Todd Whittemore
10350 Park Meadows Dvie
Littleton CO 80124
todd.whittemore@aurorabankfsb.com
720-945-3422
Wells Fargo
Peter Masterman
420 Montgomer Street
San Francisco CA 84104
410-884-2102
peter.j.masterman@wellsfarg.com
Legal Services: Michael Carter 415-397-5581 (locaction above)
FDIC Loan Servicing Contractors:
Scope of work under Loan Servicing Contracts (LSCs), which have been awarded to the contractors listed below, encompasses the full range of Commercial, Residential, and Consumer loan servicing functions for loans received from failed financial institutions, which are placed in Receivership or Conservatorship and managed by the FDIC. These LSCs are charged with safeguarding assets while providing loan services, including general loan administration, debt restructuring, and collection services appropriate to the type of loan being serviced. These loans under these contracts may be performing or non-performing.
RESIDENTIAL LOAN SERVICING CONTRACTS:
-NATIONSTAR MORTGAGE LLC
Mark Nieberlein
350 Highland Dr
Lewisville TX 75067
MarkNieberlien@nationstarmail.com
469-549-2000
972-315-8837 F
-OCWEN FINANCIAL CORP
Steven Nesmith
1661 Worthington Rd Suite 100
West Palm Beach FL 33409
steven.nesmith@ocwen.com
202-973-2879
202-293-3083 F
COMMERCIAL:
-MIDLAND LOAN SERVICES, INC.
-KEY CORP REAL ESTATE CAPITAL MARKETS, INC.
:NOTE STRUCTURING: FORM OF PROMISSORY NOTES RELATED TO RESIDENTIAL AND COMMERCIAL LOANS AND OTHER ASSETS STEMMING FROM FAILING OR FAILED FINANCIAL INSTITUTIONS
-Barclays Capital Inc.
-Castle Oak Securities LP
-Deutshche Securities Inc.
-Grove Street Investment LLC
-MHM Capital LLC
-Milestone Advisors LLC
-Nomura Securities International Inc.
-Orestes Capital Management LLC
-RBS Securities Inc.
(ORE) Owned Real Estate provide contractor support at failed institution closings. Contractors assist FDIC identifying owned real estate and provide full range of asset management ‘and marketing’ services for bank-owned real estate obtained from failed financial institutions nation-wide.
CB RICHARD ELLIS INC
866-260-8505
2100 ROSS AVE, #400
DALLAS TX 75201
FDIC-ORE@cbre.com
Persicent, inc.
877-520-1112
2600 Douglas Rd Suite 800
Coral Gabels FL 33134
FDICinfo@4prescient.net
Quantum/G&A Joint Venture
713-784-1181
Paul Wallace
SECURITIES FINANCIAL ADVISORY SERVICES CONTRACTORS include:
BARCLAYS CAPITAL
Michael Dryden
745 7th Avenue, 2nd FLOOR
(NOTE: STRUCTURED ASSET SECURITIES CORP ADDRESS)
NEW YORK, NY 10019
MICHAEL.DRYDEN@BARCLAYSCAPITAL.COM
212-528-7337
917-265-1109 F
First Financial Network
John Morris
1400 Quail Springs Parkway, Suite 200
Oklahoma City, OK 73134
jmorris@firstfinancialnet.com
405-748-4100
:
Awards and Contact Information for FDIC Loan Servicing Assistance, Surveillance and Oversight Services
The scope of work under the FDIC Loan Servicing Assistance, Surveillance and Oversight Services Receivership Basic Ordering Agreements (RBOA), which have been awarded to the contractors listed below, is to provide Loan Servicing Assistance, Surveillance and Oversight at potentially failing or failed financial institutions at which the FDIC has purview. The work entails, but is not limited to, the contractor assisting the FDIC in its work by conducting servicing reviews, reporting any weaknesses identified and recommending strategies for improvement; ongoing oversight and review of institutions internal practices, policies and procedures of servicing for loans held in portfolio(s), securitized loans, loans serviced for others, and other assets the FDIC may be involved with. Loan servicing portfolios will include a variety of products, i.e., agency conforming mortgages, reverse mortgages, Alt-A mortgages, sub-prime mortgages, private label Residential Mortgage and Commercial Mortgage securitizations, commercial loans, construction and development loans, and other assets the FDIC may be involved with.
WELLS FARGO BANK NA
9062 Old Annapolis Rd
Columbia MD 21045
Peter.J.Masterman@wellsfargo.com
410-884-2102
410-715-0184 F
RISK MANAGEMENT GROUP, LLC (RMG)
Charles Cacici
60 Sacket Street, Suite 5
Brooklyn NY 11231
charless@rmgglobal.com
(ALL STRUCTUED ASSET SECURITIES ‘REMIC’ THAT WERE BEING TRACKED BY RMG NOW PRIVATE OFF-LINE C/O FDIC)
RR DONNELLEY GLOBAL REAL ESTATE SERVICES
THOMPSON, COBB, BAZILLO & ASSOCIATS, PC.
YOU’LL FIND LISTED WHO HANDLES THE INFRSTRUCTURE OF FAILED BAKS, FOR EXMAPLE.
PRIMARY SERVICES WILL BE ‘PRE-CLOSE’ AND CLOSE AND POST-CLOSE SUPPORT FOR DATA MINING, REPORTING SERVICES, IT MANAGEMENT, AND LOAN SERVICING, EXCLUDING ASSET MANAGEMENT AND LOSS MITIGATION
FISERV FEDERAL SYSTEMS, INC.
Raymond B. Kalustyan
Corporate SVP
250 Johnson RD
Morris Plains NJ 07950
Ray.kalustyan@fiserv.com
FIS
FIDELITY NATIONAL INFORMATION SERVICES INC.
LENDERS PROCESSING SERVICES, INC.
FIDELITY NATIONAL MORTGAGE
Michael J. Weathers
SVP of Government Services
601 Riverside Ave
Jacksonville FL 32204
Awards and Contact Information for Securitization Program – Underwriter Services Contractors
The FDIC has developed a securitization program to facilitate the sale of secured real estate loans (residential performing and nonperforming) owned by banks for which the FDIC is appointed as conservator or receiver. The securitizations will be in the form of private or public offerings. The FDIC has selected the following firms to underwrite securities backed by a pool of loans identified by the FDIC, from one or more banks.
The Underwriter will assist the FDIC and/or any of its financial advisors, in connection with the FDIC’s Program, with respect to analyzing the Loans and the results of due diligence obtained on the Loans. The Underwriter may propose alternative structures and disposition strategies, and recommend an optimal securitization structure, assist the FDIC in reviewing and monitoring the preparation of transaction documentation. The Underwriter may also work with the credit rating agencies to potentially obtain credit ratings for the securities, coordinate the marketing and settlement process, and support the securities in the secondary market.
-Amherts Securities Group
-Banc of America Securities LLC
-Barclays Capital
-Castle Oak Securities LP
-Citigroup Global Markets Inc.
-Detusche Bank Securities Inc.
-Goldman Sachs
-Jefferies & Company Inc.
-JP Morgan Securities Inc.
-Morgan Stanley
-M.R. Beal & Company
-RBS Global Banking & Markets
-The Williams Capital Group LP
I COPIED THE ‘TAX ASSESSMENT INFORMATION’ FOR LPS SAME ADDRES AS ‘FIS’ FOR FDIC CONTRACTOR
Owner: LPS MORTGAGE PROCESSING SOLUTIONS INC
Total market value: $25,420,800
Total assessed value for property: $25,420,800
Total land value: $14,862,680
Land usage: Office,Submerged Land
Assessment for fiscal year: 2008/2009
Building 1:
Usage: Office 3-8 Sty
Actual year built: 1952
Effective year built: 1972
Heated area: 63,534 square feet
Stories: 6
Baths: 49
Rooms / Units: 12
Base Area (actual / effective / heated): 624 / 624 / 624 square feet
Canopy (actual / effective / heated): 1,018 / 254 / 0 square feet
Finished Basement (actual / effective / heated): 624 / 437 / 624 square feet
Finished Storage (actual / effective / heated): 624 / 312 / 0 square feet
Unfinished Basement (actual / effective / heated): 152 / 53 / 0 square feet
Conc Loading Plat Fin (actual / effective / heated): 324 / 97 / 0 square feet
Finished upper story 1 (actual / effective / heated): 176 / 176 / 176 square feet
Finished upper story 4 (actual / effective / heated): 1,429 / 5,716 / 5,716 square feet
Finished upper story 5 (actual / effective / heated): 624 / 3,120 / 3,120 square feet
Building 2:
Usage: Office 3-8 Sty
Actual year built: 1972
Effective year built: 1982
Value: $1,837,450
Heated area: 54,812 square feet
Stories: 4
Baths: 52
Rooms / Units: 12
Base Area (actual / effective / heated): 1,584 / 1,584 / 1,584 square feet
Canopy (actual / effective / heated): 4,600 / 1,150 / 0 square feet
Finished Storage (actual / effective / heated): 1,584 / 792 / 0 square feet
Finished upper story 2 (actual / effective / heated): 4,600 / 9,200 / 9,200 square feet
Finished upper story 3 (actual / effective / heated): 1,584 / 4,752 / 4,752 square feet
Building 3:
Usage: Office 3-8 Sty
Actual year built: 1972
Effective year built: 1972
Value: $279,570
Heated area: 55,448 square feet
Stories: 4
Baths: 52
Avg Story Height: 12 feet
Base Area (actual / effective / heated): 7,871 / 7,871 / 7,871 square feet
Canopy (actual / effective / heated): 1,040 / 260 / 0 square feet
Finished Storage (actual / effective / heated): 1,633 / 816 / 0 square feet
Unfinished Storage (actual / effective / heated): 1,040 / 416 / 0 square feet
Finished upper story 2 (actual / effective / heated): 1,040 / 2,080 / 2,080 square feet
Finished upper story 3 (actual / effective / heated): 7,871 / 23,613 / 23,613 square feet
Building 4:
Usage: Office 9+ Sty
Actual year built: 1994
Effective year built: 1994
Value: $20,307,196
Heated area: 290,801 square feet
Stories: 13
Bedrooms: 2
Baths: 316
Rooms / Units: 9999
Avg Story Height: 14 feet
Balcony (actual / effective / heated): 2,917 / 438 / 0 square feet
Base Area (actual / effective / heated): 1,554 / 1,554 / 1,554 square feet
Canopy (actual / effective / heated): 27 / 7 / 0 square feet
Finished Storage (actual / effective / heated): 1,584 / 792 / 0 square feet
Semi-Finished Base (actual / effective / heated): 713 / 570 / 713 square feet
Unfinished Upper Story (actual / effective / heated): 2,137 / 1,068 / 0 square feet
Lobby Good (actual / effective / heated): 1,554 / 1,942 / 1,554 square feet
Conc Loading Plat Fin (actual / effective / heated): 2,137 / 641 / 0 square feet
Finished upper story 10 (actual / effective / heated): 1,554 / 15,540 / 15,540 square feet
Finished upper story 12 (actual / effective / heated): 168 / 2,016 / 2,016 square feet
Building 5:
Usage: Parking Garage
Actual year built: 1994
Effective year built: 1994
Value: $3,141,141
Heated area: 77,830 square feet
Stories: 2
Rooms / Units: 1
Avg Story Height: 11 feet
Base Area (actual / effective / heated): 77,830 / 77,830 / 77,830 square feet
Unfinished Upper Story (actual / effective / heated): 77,830 / 38,915 / 0 square feet
Building 6:
Usage: Wholesale Storage
Actual year built: 1994
Effective year built: 1994
Value: $230,326
Heated area: 9,246 square feet
Stories: 1
Rooms / Units: 6
Avg Story Height: 18 feet
Common Wall: 5
Base Area (actual / effective / heated): 108 / 108 / 108 square feet
Canopy (actual / effective / heated): 24 / 10 / 0 square feet
Fair Office (actual / effective / heated): 144 / 252 / 144 square feet
Finished upper story 1 (actual / effective / heated): 144 / 144 / 144 square feet
——————————————————————————–
601 Riverside Avenue
Jacksonville, FL 32204
Find on map >>
Owner: FIDELITY NATIONAL TITLE GROUP INC
Total market value: $23,914,900
Total assessed value for property: $23,914,900
Total building value: $26,062,744
Total land value: $5,070,400
Land usage: Commercial
Assessment for fiscal year: 2008/2009
Building 1:
Usage: Office 3-8 Sty
Actual year built: 2006
Effective year built: 2006
Value: $26,062,744
Heated area: 250,793 square feet
Stories: 8
Baths: 98
Rooms / Units: 32
Avg Story Height: 14 feet
Base Area (actual / effective / heated): 5 / 5 / 5 square feet
Canopy (actual / effective / heated): 5 / 1 / 0 square feet
Unfinished Storage (actual / effective / heated): 4,270 / 1,708 / 0 square feet
Conc Loading Plat Fin (actual / effective / heated): 779 / 234 / 0 square feet
Finished upper story 1 (actual / effective / heated): 5 / 5 / 5 square feet
Finished upper story 2 (actual / effective / heated): 4,270 / 8,540 / 8,540 square feet
Finished upper story 6 (actual / effective / heated): 215 / 1,290 / 1,290 square feet
Finished upper story 7 (actual / effective / heated): 779 / 5,453 / 5,453 square feet
Building 2:
Usage: Parking Garage
Actual year built: 2006
Effective year built: 2006
Value: $2,563,492
Heated area: 74,329 square feet
Stories: 2
Rooms / Units: 2
Avg Story Height: 10 feet
Base Area (actual / effective / heated): 74,329 / 74,329 / 74,329 square feet
Unfinished Upper Story (actual / effective / heated): 74,329 / 37,164 / 0 square feet
——————————————————————————-
Back to: Duval County, FL property tax assessment data, Jacksonville, Florida, All US cities
Read more: http://www.city-data.com/duval-county/R/Riverside-Avenue-5.html#ixzz1d2SyvzJR


