TAZA Systems (www.TazaSystems.com ) now provides banks, asset management firms and financial organizations managing OREO portfolios.
In the last two years as a result of the mortgage crisis over 281 banks have been seized by the FDIC. The conservative banks during the mortgage boom are in a positive economic position to inherit Other Real Estate Owned (OREO) assets from failed institutions overseen by the FDIC. Consequently, as p...