OUR PORTFOLIO
Sorrento Capital’s businesses combine a deep knowledge of the mortgage and real estate industries with proprietary technologies that enable superior service to the financial services industry and consumers directly.
The MOS Group: Estabished in 1979, The MOS Group, Inc., also known as Mortgage Outreach Services, is a loss mitigation services provider for the mortgage industry. Functioning as a direct intermediary between the lender and the borrower, MOS utilizes proven borrower-focused techniques for mitigating loss on underperforming mortgage assets, while also assisting borrowers to preserve and protect their investment in the American Dream. MOS has helped more than 100,000 borrowers with over $37 billion in mortgage debt to reach mutually beneficial resolutions with their lender. The MOS Group also provides a diverse set of loss mitigation and related services.
REO.com: REO.com is a provider of customized disposition solutions for bank-owned real estate properties throughout the United States. REO.com’s marketing and transactional services have been used to negotiate and close over $8 billion in real properties since 2002. One of the company’s key offerings is REO’s Offer Management System, a workflow application that handles all aspects of agent communications from pre-listing to close. Additional solutions include: vendor management systems, an auction platform, property preservation and protection, loan reconciliation and various third party networks.
Zetabid conducts foreclosure auctions on behalf of many of the nation’s largest loan servicers. Events are held in ballroom settings in states hardest hit by foreclosure such as California, Arizona, Michigan, Florida, and Illinois. Zetabid auctions are accompanied by live telephone and internet bidding and are heavily marketed to both consumer and professional investor home buyers. All auctions are reserve open outcry events. Inventory usually consists of aged REO assets which have failed to sell through traditional retail methods. Zetabid also manages consumer short sale transactions using its deal management staff.
Consumer Outreach Services (COS) division was created with the understanding that a high percentage of consumers will prefer to “self-direct” efforts to improve their financial affairs. COS is a consumer-direct brand and suite of service offerings designed to enhance consumers financial well being. It also serves to bridge the gap between newly-created government and lender programs and the limited awareness and understanding of how these programs apply to the individual financial situations of millions of distressed homeowners. Services may include: mortgage origination, foreclosure avoidance, debt relief and counseling, and other services that help consumers improve their personal financial situation.
BuyShortSalesNow is a short sale portal and syndication platform. Short sales received via Mortgage Outreach Services or Consumer Outreach Services will be exposed to targeted real estate buyers and investors along with detailed financial analysis as well as place servicer-direct offers via the listing agent. The site will also be syndicated via white label to our real estate network partners such as Realogy, so that each agent can have their own transactional short sale marketplace. One key element is the site’s integration with our Zetabid and REO.com disposition businesses to expedite transactions.
Informationlogix: Founded in 2001, InformationLogix is a provider of comprehensive communication outreach solutions for businesses in a wide range of industries. InformationLogix helps companies to market their products and services by leveraging opportunities that increase visibility and access to their products. Working across multiple channels, Informationlogix offers solutions that include custom software applications, stand-alone consumer-use kiosks, and interactive digital signage, as well as outdoor display messaging.
MortgageOutreach.org: MortgageOutreach.org is an objective consumer education website that provides information and guidance to borrowers who are having difficulty affording and paying their mortgages. The site includes tips, news and specific guides for a variety of at-risk situations, and is utilized not only by the consumer public, but also by the press, research analysts, and businesses offering related products and services.
ReviseMyLoan.com provides consumers with a wide array of mortgage products for refinance or new home purchase. Our focus is on providing products for almost any consumer, with emphasis on the consumers with low credit scores to best compliment our MOS business. In addition to originating loans, ReviseMyLoan.com helps highly distressed borrowers determine what government and lender programs they may qualify for and refers them to MOS for servicer-directed assistance.
