DS News - Digital Archives

June 2012

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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» VISIT US ONLINE @ DSNEWS.COM SPECIAL ADVERTORIAL SECTION PROPERTY PRESERVATION Asset Management Specialists Nationwide coverage ASSET MANAGEMENT SPECIALISTS, INC. CORPORATE DETAILS: 311 Sinclair Road | Bristol, PA 19007 | 866.699.1734 | AMSreo.com BUSINESS SCOPE: Asset Management Specialists Bristol, Pennsylvania Corporate Headquarters key personnel Ernie Stefkovic Chief Executive Officer Jerry Mavellia Chief Operating Officer Lee Mertins Director of Operations Brian Nisbet Deputy Operations Director Greg Harrison Chief Procurement Officer 2012 STRATEGY: Perform. AMS utilizes the strength (AMS) offers clients the unique mix of company-owned and-operated local field offices, in-house crews, and a highly diverse and professional contractor base. AMS prides itself on competitive pricing, a full range of services, and highly skilled staff to consistently exceed client requirements. AMS headquarters is located in its 40,000-square-foot national operations center in Bristol, Pennsylvania. In addition, there are 40 company-owned and-operated regional and local AMS offices in key strategic sites across the country. of its internal operations, coupled with cutting-edge technological tools and the most skilled workforce in the industry to achieve maximum results for its clients. AMS regularly provides higher net returns to clients because the houses it services have greater eye appeal, are maintained better, and generally feel like a higher quality of homes than the end product delivered by competitors. COMPANY HISTORY: AMS was founded in 1994 as a small business entity to support HUD's REAM contracts in the Philadelphia region. Since it began operations, AMS has been driven to succeed and grow to meet the ever-changing and growing REO market. Over the years, AMS built a solid foundation of satisfied clients and deep levels of experience that helped the company grow to the size and capabilities to manage more than 80,000 properties nationally on an annual basis. COMPETITIVE ADVANTAGE: AMS has provided STAFFING: » Number of employees: 680 » Vendor/contractor network: 2,500 corpor ate profile BUSINESS LINES/SERVICES: AMS offers a full line of both preconveyance and REO services to government agencies, GSEs, and private banking and servicing clients across the nation. Vorticity, the company's cutting-edge, webbased technology was developed in-house to provide real-time property management information. AMS has the tools, manpower, and technology to consistently exceed client expectations. quality and cost-effective field service management programs to government and private clients since the company's inception in 1994. AMS is currently embarking on the fifth generation of HUD contracts, covering a span of more than 18 years. The company grew from a regional Philadelphia-based firm to one with a national presence with nearly 700 employees and operating in all 50 states and four U.S. territories. During the course of its existence, AMS learned valuable lessons in the foreclosure business and works closely with clients' skilled and experienced team members to develop a program that is cost-effective and efficient. AMS' staff and subcontracting partners are professionally trained to execute tasks to all lending and servicing requirements. KEYS TO SUCCESS: AMS is built on a "never say no" attitude, and that equates to a business model that allowed for efficient and steady growth in the field. AMS' success and reputation in the industry is built upon a clear VISION of what clients need, a comprehensive STRATEGY for producing high returns, dedicated and professional TEAMWORK, and superior PERFORMANCE that exceeds client expectations. "Vision, Strategy, Teamwork, and Performance" CONTACT INFO: info@AMSreo.com 866.699.1734 PROPERTIES CURRENTLY SERVICED: 30,000 63

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