Ty Reed, Director of Operations – Acquired REO Asset Management Division, Philippines
Ty Reed started his default servicing career in 2002 at GMAC Mortgage Corporation while working as a Team Lead in the Loss Mitigation Department, where he focused on short sales he managed the sale of residential REO properties with total loan balances of approximately $50 million (US). Here began to build his vast network of distribution channels which include buyers, investors, contractors, closing agents and real estate agents. In 2007, Ty accepted a position with National Default Servicing as VP of Client Management where he managed the acquired asset operations for industry giants Wilshire Credit, GMAC, and Fannie Mae. Ty was promoted to REO/Acquired Asset Director in 2008 and routinely managed 10,000+ assets annually. In 2009, Ty co-founded Key Link Asset Management with Damien Chiodo. Together they continue to pioneer new and innovative ways of managing REO property.