Business Details
32 Years
experience
Trusted REO and Loss Mitigation Services in Cherry Hill, NJ
NPR Capital Asset Management has been a trusted leader in real estate owned (REO) asset management and loss mitigation services since 1994. Our team of seasoned professionals, including a HAMP and HAFA certified executive, specializes in navigating complex mortgage default processes while prioritizing homeowner preservation. With a nationwide network of licensed real estate agents and strategic partnerships like the National REO Broker Association, we deliver tailored solutions for mortgage servicers and government agencies.Our expertise spans every phase of the default lifecycle, from foreclosure prevention to property liquidation. We combine decades of industry experience with rigorous broker vetting and performance tracking to ensure optimal asset recovery. Our proprietary processes for valuation, title management, and property preservation maximize returns while maintaining compliance with evolving regulations. Headquartered in Cherry Hill, NJ, we serve clients across all 50 states with a commitment to transparency and community impact.
Services
Loss Mitigation
REO Management
Small Bank Solutions
Property Valuation
Property Preservation
Title Services
Mortgage Assistance
Loan Modification
Short Sales
Deed in Lieu
Details
- Year established: 1994
Highlights and features
- We have over 30 years of experience in mortgage banking and REO management.
- Our team includes HAMP and HAFA certified professionals.
- We partner with the National REO Broker Association for broker excellence.
- Monthly broker performance reports ensure service quality and accountability.
- Nationwide coverage for all REO asset management and risk mitigation needs.
Associations and certifications
- HAMP Certified
- HAFA Certified
Services
Loss Mitigation
Our loss mitigation services help mortgage servicers re-establish communication with defaulting homeowners through loan modifications, short sales, and foreclosure alternatives. We specialize in HAMP/HAFA-compliant processes to preserve homeownership while protecting investor interests. Our certified professionals coordinate with servicers to implement sustainable solutions that reduce portfolio risk and regulatory exposure.
REO Management
We manage REO properties from foreclosure to liquidation with licensed real estate agents overseeing marketing, contract negotiation, and sales. Our asset managers analyze market data to optimize pricing strategies while ensuring compliance with legal and investor requirements. Daily performance tracking and broker report cards guarantee accountability throughout the disposition process.
Property Preservation
Our nationwide field service network maintains REO property integrity through inspections, repairs, and security measures. We minimize depreciation by coordinating timely maintenance while adhering to local code requirements. This proactive approach protects asset value and maximizes net proceeds during resale activities for both pre-REO and owned properties.
Valuation Services
We deliver accurate property valuations through BPOs, appraisals, and AVMs across all 50 states. Our asset managers reconcile multiple data sources including listing and sold comparables to determine true fair market value. This comprehensive analysis supports informed pricing decisions and portfolio due diligence requirements for mortgage servicers.
Title Services
Our title division provides chain of title research, property reports, and title insurance solutions. Dedicated closing agents oversee escrow processes and document preparation to ensure clear ownership transfer. We offer end-to-end title services that streamline transactions while mitigating legal risks associated with property transfers.
People
Christopher Rumbos
Founder
With 30+ years in mortgage banking, Christopher pioneered portfolio lending and REO management strategies. A licensed realtor since 1978, he has led national committees and developed systems for profitable servicer operations across prime and subprime markets.
Victoria Hurst
VP Operations
Victoria brings 20+ years of financial services experience, managing $15B in REO assets for national banks. She optimized broker networks and reporting systems that processed 350+ monthly REO assignments while maintaining investor compliance standards.
Questions
What REO services does NPR Capital offer?
We manage REO properties from foreclosure through liquidation, including marketing, contract negotiation, and sales oversight with licensed agents and daily performance tracking.
How do you help homeowners avoid foreclosure?
We implement loan modifications, short sales, and deed-in-lieu options while coordinating with servicers to establish sustainable payment plans under HAMP/HAFA guidelines.
Do you work with small banks and credit unions?
Yes, our Small Bank Program provides cost-effective asset management solutions with the same quality services as larger institutions through streamlined electronic processes.
What valuation methods do you use?
We combine broker price opinions, appraisals, automated valuation models, and market data analysis to determine accurate fair market values for all properties.
