Wednesday, July 2, 2008

Bank reo - Fifth Third Takes Active Lending Role - TheStreet.com

Fifth Third Takes Active Lending Role - TheStreet.com

Fifth Third Takes Active Lending Role
TheStreet.com - Jun 5, 2008
These homes, called REO (real estate owned), are ones that have gone back to bank ownership because they were not sold at foreclosure auctions. ...


Seeing Beyond The Rubble - Tampa Tribune

Tampa Tribune

Seeing Beyond The Rubble
Tampa Tribune, FL - Jun 29, 2008
As an REO specialist, the bulk of Pace's work traditionally took place in low-income neighborhoods. But no more, he says. "High-end. Low-end. ...


Drivers turn back the clock on the Dixie - Southtown Star

Drivers turn back the clock on the Dixie
Southtown Star, IL - Jun 22, 2008
Rich Barnas, of Matteson, arrived in a 1928 Reo Wolverine, a handsome four-door sedan that may have been the only car in the event with wooden wheel spokes. ...


Five Things You Need to Know: Up Through the Ground Came a Bubble ... - Minyanville.com

Five Things You Need to Know: Up Through the Ground Came a Bubble ...
Minyanville.com, New York - Jun 13, 2008
The Countrywide (CFC) Foreclosures blog (see their REO charts here) does a great job of tracking REO's. Why are REO's worth tracking? ...


Thornburg Mortgage Reports 1Q Results - Business Wire (press release)

Thornburg Mortgage Reports 1Q Results
Business Wire (press release), CA - Jun 12, 2008
As of March 31, 2008, the company’s 60-day plus delinquent loans and real-estate owned properties (REO) in its originated and bulk purchased loans totaled ...


Power dressing - Property Week News

Power dressing
Property Week News, UK - Jun 19, 2008
REO is not a household name in the UK. It is 67% owned by Irish developer and investor Treasury Holdings, which employs more than 500 people, is the largest ...


When $60 billion just isn’t enough - Housing Wire

When $60 billion just isn’t enough
Housing Wire - Jun 24, 2008
... selling bad assets in bulk now, even if for a fixed loss percentage less than the severity of holding on until a property turns into REO and is ...


Churches to unite, revitalize 2 schools - Houston Chronicle

Churches to unite, revitalize 2 schools
Houston Chronicle, United States - Jun 17, 2008
The church collective will purchase the books in bulk through a Cy-Fair ISD-approved Web site, so individuals who would like to participate in that effort ...

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