Thursday, July 10, 2008

Bulk reo - FDIC Warns Banks on HELOC Freezes, REO Management - Housing Wire

FDIC Warns Banks on HELOC Freezes, REO Management - Housing Wire

FDIC Warns Banks on HELOC Freezes, REO Management
Housing Wire - Jul 1, 2008
FDIC officials also issued a warning Tuesday regarding the management of bank-owned real estate, commonly called REO by market participants — but ...


Bank of America Completes Countrywide Purchase - Housing Wire

Bank of America Completes Countrywide Purchase
Housing Wire - Jul 1, 2008
“[Countrywide has] been funding our REO volume 24 months out from now,” the source said, who asked not to be named in this story. Bank of America did not ...


Seeing Beyond The Rubble - Tampa Tribune

Tampa Tribune

Seeing Beyond The Rubble
Tampa Tribune, FL - Jun 29, 2008
This month in Apollo Beach, Wachovia staffers Drew Niswonger and Scott Daal begin a tour of their bank's REO properties in the Tampa Bay area with a stop at ...


Indian River County courthouse news: July 7 - TCPalm

Indian River County courthouse news: July 7
TCPalm, FL - Jul 6, 2008
Deutsche Bank National Trust Co., et al. v. Andrew Dioguardi, et al. • Consumer Solutions Reo LLC v. Charlie McIntosh, et al. • Wells Fargo Bank, NA v. ...


Calif. foreclosures up 77% in June - Bizjournals.com

ABC News

Calif. foreclosures up 77% in June
Bizjournals.com, NC - 3 hours ago
The statewide filings included 37989 notices of default, 20624 REO (real estate owned by bank) and 10053 notices of trustee sale. ...
Foreclosure-related filings dip 3.4% in June Inman.com (subscription)
all 562 news articles


How to buy a foreclosed home - San Francisco Chronicle

How to buy a foreclosed home
San Francisco Chronicle,  USA - Jul 9, 2008
"Since this is an REO and (the bank) didn't live in the property they can't tell you anything. It's buyer beware." -- You must be pre-qualified. ...


'Cold-blooded killer' may have hit bulldozed Windsor bank - Canada.com

'Cold-blooded killer' may have hit bulldozed Windsor bank
Canada.com, Canada - Jul 6, 2008
Ryan bought himself a new Reo automobile and kept it in a garage in Detroit. It wouldn't last forever. Ryan slipped up in writing letters to his girlfriend ...


Calendar for July 10 - Milpitas Post

Calendar for July 10
Milpitas Post, CA - Jul 9, 2008
... hold The REO Workshop July 17 at the Minnis Professional Center, 1313 N. Milpitas Blvd., from 7-8:30 pm You will learn how a bank buys a foreclosure, ...


Consensus Subprime Mortgage Loss Estimates: Mathematically Impossible? - Seeking Alpha

Consensus Subprime Mortgage Loss Estimates: Mathematically Impossible?
Seeking Alpha, NY - Jul 8, 2008
We assume that 75% of loan dollars 61 to 90 days past due become real estate owned [REO], that 90% of loans 90 days past due go to REO, and 95% of loans in ...

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