Home >> Headlines >> Dyck-O’Neal, Inc. Celebrates 30th Anniversary
Print This Post Print This Post

Dyck-O’Neal, Inc. Celebrates 30th Anniversary

debt

Dyck-O’Neal, Inc., a Texas-based subsidiary of The Prescott Group, recently celebrated its 30th anniversary, following a year of growth and expansion. Originally founded in 1988 as a debt recovery firm specializing in the nationwide resolution of commercial and consumer judgments, deficiencies, and charge-offs, the company has evolved over the years and now purchases and services a variety of performing, sub-performing, and non-performing loans.

In 1993, Dyck-O'Neal partnered with the FDIC in their JDC program, working to resolve and recover on portfolios of loans from failed financial institutions. Dyck-O'Neal's partnership with the FDIC continues today, and the company also offers a full scope of loan resolution services, including turnkey portfolio review, servicing, and recovery for acquired portfolios and whole-loan purchases, providing services for the GSEs, FDIC, mortgage insurers, banks, private equity firms, mortgage REITs, and investors nationwide.

“Dyck-O’Neal’s growth has been driven by our strategic approach to putting borrowers first when settling or servicing real estate debt,” said Jori O’Neal, Founder. She added, “Our professional staff helps families improve their credit and live a better life.”

President and CEO Jud Pankey commented, “We thank our partners, clients, and amazing team that delivers best-in-class results for every borrower.”

Dyck-O'Neal is now a nationwide debt buyer, loan servicer, and debt collector, specializing in mortgage-related debt—judgments, mortgage deficiencies, charge-offs, non-performing and sub-performing 1st and 2nd liens, short sale and deed-in-lieu workout notes, and all types of commercial real estate debt. Dyck-O'Neal is a partner in the investment, management, and equitable resolution of distressed and under-managed real estate debt, upholding the highest ethical obligations within the financial community.

To read more MReport stories about topics related to Debt, click here to browse our archives.

About Author: David Wharton

David Wharton, Online Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 15 years of experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at David.Wharton@theMReport.com.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

x

Check Also

Primary Residential Mortgage Receives Workplace Tribute

Primary Residential Mortgage, Inc. (PRMI), which funded over $5.4 billion in home loans in 2017, has been awarded a 2018 Top Workplaces honor for the third year in a row by The Salt Lake Tribune.

GET THE NEWS YOU NEED, WHEN YOU NEED IT.

With daily content from MReport, you’ll never miss another important headline in originations, lending, or servicing. Subscribe to MDaily to begin receiving a complimentary daily email containing the top mortgage news and market information.