Listening to customers, anticipating trends and delivering innovative solutions has been a hallmark of Field Asset Services since its humble beginnings 16 years ago. These characteristics have made FAS the premier provider of field services to the default industry. Now, as the shadow inventory of at risk homes continues to swell, FAS has delivered a set of new tools designed for banks and servicers to mitigate risk and reduce the heavy expense
of the foreclosure process.
Avert is a complete suite of services that helps banks avoid foreclosures and foreclosure expenses. Avert provides the knowledge and tools to improve loss mitigation success rates, reduces expenses and builds greater collateral intelligence—well in advance of property custody.
Avert can assist servicers and loss mitigation departments from the very front end of the default process, beginning with the initial default inspection, with services designed to deliver value throughout the entire process. This single source solution includes the following features and services:
We recognize the challenges that our customers face today as regulators, the press and the public all seek improved loss mitigation performance. Avert is our seven-step path to a better result, in terms of not only reducing expenses, but potentially reducing foreclosures as well. We can help our customers manage risk with greater confidence by leveraging the data, tools and resources that we can provide.