Coastal REO Solutions primary receivership objective is to protect the integrity of the asset and income stream by securing the physical asset, accounts, and records. The secondary objective is to establish management and procedures that protect and preserve the asset. The following outlines the services Coastal REO Solutions will provide:

• Third party independent control as a fiduciary of the court.
• Possession and preservation of the asset.
• Supervision and direction of daily “on-going” activities of the property.
• Full review of all contractual services.
• Bidding and awarding of service contracts and independent outside services.
• Full accounting of all income and expenses.
• Authorization, control and payment of payables, with restructure of payable stream if necessary.
• Understanding of institutional requirements, policies and goals.
• Specific recommendations for extraordinary maintenance requirements.
• Proactive management to establish the confidence of tenants and others.
• Reports tailored to the needs of the court and secured creditors.
• Full cooperation after the receivership period to continue stabilization of any tenant base and property operations.