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.