Wednesday, July 2, 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. ...


Foreclosure Crisis - Miami Daily Business Review

Miami Daily Business Review

Foreclosure Crisis
Miami Daily Business Review, FL - Jun 5, 2008
“It’s not like an REO property where it’sa piece of property they want to get rid of. If you have money, they’d be happy to sell it to you. ...


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 ...


When Will Housing Market Bottom? - istockAnalyst.com

When Will Housing Market Bottom?
istockAnalyst.com, OR - Jun 30, 2008
If you add 6 to 9 months on top to the mid-2012 for the time to sell a REO, there will NOT be any real recovery until 1st or 2nd quarter of 2013. ...


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 ...


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 ...


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. ...


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 ...


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. ...


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? ...

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