Receivership
CMI Real Estate has been an appointed receiver for various mortgages services and lenders. Our clients can depend on all the necessary acts for a proper and lawful receivership will be followed. Our client list has included:
Bankers Trust Trent Rosenthal Prudential Insurance Texas Commerce Bank
Zion Washington Mutual Bank One
Our duties would include:
- Take possession of the property
- Take control of any bank accounts
- Take and maintain possession of all documents, accounting and other records
- Collect rents
- Pay all expenses associated with the operation of the property
- Create and adhere to all budget guidelines
- Present lenders and court officials with all operating statements by the 15th of the month