Loan Resolution Corporation Acquires KeyLink Asset Management

Feb. 17, 2012 - PRLog -- LRC Asset Management, a majority-owned company of Loan Resolution Corporation, today announced the acquisition of KeyLink Asset Management. As of March 1, 2012, KeyLink will be known as LRC Asset Management.

KeyLink, originally founded by Damien Chiodo and Ty Reed, has been known for their unique REO management model. Loan Resolution Corporation has been the leading vendor in resolving defaulted mortgages since 2005.

“KeyLink has been doing some very innovative things in REO asset management that caught our eye. We have always said that we wouldn’t get into any line of business unless we felt we could do it better than the next company, and KeyLink was doing it better than the next company,” said Travis Hamel Olsen, chief operating officer of Loan Resolution Corporation.

The acquisition of San Diego-based KeyLink establishes LRC Asset Management as one of the leading nationwide REO management companies in the industry. KeyLink bolsters LRC Asset Management’s ability to exceed any forecast of volume and brings with them a history of providing results that exceed industry performance standards.

“Damien and I are excited about the opportunity to broaden our industry footprint and introduce our inventive model to LRC’s broad base of contacts” said Ty Reed, formerly of KeyLink and now managing partner of LRC Asset Management. “The model produces the execution and performance that industry leaders are so desperately searching for today.”

For additional information about Loan Resolution Corporation or LRC Asset Management, please visit: www.LoanResolution.com.

About Loan Resolution Corporation:

Founded in 2005, Scottsdale-based Loan Resolution Corporation is the nation’s leading vendor for resolving defaulted mortgages and selling bank-owned properties. It offers a variety of default services, including customer contact, modifications, short sales, deeds-in-lieu, and REO asset management.

For additional information about Loan Resolution Corporation, please visit: www.LoanResolution.com or call (480) 455-3506.

Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties, including change in economic conditions of the various markets the Company serves.

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