Tuesday, July 1, 2008

Bulk 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. ...


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 ...


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. ...


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. ...


Calif. home sales soar 18% as prices swoon - CNNMoney.com

Calif. home sales soar 18% as prices swoon
CNNMoney.com - Jun 25, 2008
"We've been monitoring sellers of bulk REO (bank repossessed) properties and their prices have gotten more realistic," he said. "But we're concerned whether ...


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 ...

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