Thursday, July 3, 2008

Bulk reo - REO Tech Provider Sees Historic Growth as Bank-Owned Properties Swell - Housing Wire

REO Tech Provider Sees Historic Growth as Bank-Owned Properties Swell - Housing Wire

REO Tech Provider Sees Historic Growth as Bank-Owned Properties Swell
Housing Wire - Jun 5, 2008
By PAUL JACKSON Selling REO is big business these days; the firms that specialize in the business of managing, listing and selling bank-owned real estate ...


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 ...


The FDIC Finally Figures Out that Banks Don't Play Fair - The Washington Independent

The FDIC Finally Figures Out that Banks Don't Play Fair
The Washington Independent, DC - Jul 2, 2008
Our sources suggest that some banks are choosing not to pay taxes on certain low-value REO properties in hard-hit neighborhoods, in the hopes that local ...


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 ...


Fitch Affirms M&T Bank's RMBS Primary Servicing Rating at 'RPS2' - FOXBusiness

Fitch Affirms M&T Bank's RMBS Primary Servicing Rating at 'RPS2'
FOXBusiness - Jun 20, 2008
M&T Bank has increased staffing, developed new processes and procedures to streamline several functions within its REO, foreclosure and collections areas as ...


Arson Threat Grows as Foreclosures Rise - Housing Wire

Arson Threat Grows as Foreclosures Rise
Housing Wire - 13 hours ago
Taking all appliances out is a pretty common sight; I personally can’t recall how many REO files I’ve seen where the former owner removed water heaters and ...

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