2020 REO Companies

Jeff Furniss August 11, 2020 at 6:13am

I know reoexperts lost Chase as a client. Does anyone know who new company is? Feel bad for the asset managers at REO experts, looks like website is gone now as well. I'm guessing they folded and laid everyone off.

Michael VDovick > Jeff Furniss February 9, 2023 at 7:45am

Jeff, did you ever hear anything back on this?
- Jeff Furniss > Michael VDovick February 22, 2023 at 7:15am
  
  No, I know 24 Asset got a fair amount of the Chase work after Reoexperts folded, but not sure who has that contract with Chase now.

Linda McKissick July 1, 2020 at 1:08pm

There a few REOs in my area anymore. (Bend, OR - hot spot) Most have been in the system for many, many years before they get resolved to be finally foreclosed on and listed. I am still signed up with Equator, Summit Valuations, DispoSolutionsr/Excelleras, SWB, and Pyramid, but as stated before not many foreclosures. I have not re-signed up with Res.Net due to the cost and NO REOs from them for two years.
Due to COVID, I think we will see more in the future, but they are going to be a long time coming and will be going through court battles due to loss of income no fault of the homeowner. Just my humble opinion on this last part.

Michael J Fitzgerald June 16, 2020 at 7:58am

What it the best way to get on the asset managers top of mind to get assignment. Thanks in advance.

Linda McKissick > Michael J Fitzgerald July 1, 2020 at 1:10pm

Hi Michael, I am not sure what area you live in, but if you are in a thriving real estate market, there might not be but a small handful of REOs. Have you checked the NOD lists to see how many are being foreclosed on in your area?
- Michael VDovick > Linda McKissick February 9, 2023 at 7:46am
  
  Hey Linda, where do you get your NOD lists from?
  - Linda McKissick > Michael VDovick February 9, 2023 at 10:05am
    
    One of my local Title Companies sends them out. Check with the title companies in your area. Most have a NOD they send out monthly - but it has not had many properties for some time now.

Marcia Peacock June 3, 2020 at 9:01am

Many of the companies I used to be registered with no longer service my area in Central Florida. it seems that several merged or do not assign from my area.

Nora McDonald > Marcia Peacock June 3, 2020 at 10:20am

Many liens are sold wholesale to Hedge Fund LLCs. or go to Auction now. They still need agents and order bpos. They often will reach out to the agents that do the best bpos.

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2020 REO Companies

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