Government Services
HUD
Matt Martin Real Estate Management, a HUD asset management firm, has been awarded a contract with the U.S Department of Housing and Urban Development under the Marketing and Management III procurement. The Federal Housing Administration (FHA), which is a part of HUD, provides federal mortgage insurance ensuring that mortgage lenders will be reimbursed in the event homebuyers default on the mortgage.
When a lender is forced to foreclose on an FHA-insured single family home, because the owner can no longer make payments, it can file a claim with FHA for the balance due on the mortgage and convey title of the property to HUD. A HUD home, therefore, is a one-to-four unit residence acquired as a result of a foreclosure on an FHA-insured mortgage.
As the largest seller of real estate in the country, HUD has been outsourcing the disposition of its foreclosed FHA inventory under the M&M contracting process since 1999. After conducting extensive research into market-based best practices, HUD has developed its new M&M III disposition structure to streamline its operations, capitalize on the expertise of potential vendors and provide flexibility in a changing environment.
See "Contact Us" for local MMREM office near you
Conyers, GA—Rockdale County — Neighborhood Stabilization Program (NSP)
Matt Martin Real Estate Management (MMREM) is proud to announce we are an Asset Manager for Rockdale County's NSP Program, in Rockdale County, GA. MMREM is looking to utilize the services of people with specific skill sets. These skill sets include people with thorough knowledge in or with: Electricity, Plumbing, Gas, Flooring, Roofing, and related fields. MMREM will continue to assess the need for additional services as the program matures. If you are interested in working with us, please send your qualifications to RockdaleNSP@mmrem.com for consideration or contact us by going to our website, www.mmrem.com.
MMREM — Rockdale NSP
2801 Network Blvd., Suite 502
Frisco, TX 75034
1.855.237.4126
404.410.7456
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