Has anyone bought a territory through Program 3648? They are a "nationwide initiative to help homeowners take advantage of the mortgage forgiveness and debt relief described in H.R.3648, The Mortgage Forgiveness Debt Relief Act of 2007, which has bee
Read more…With agents acquiring scores and more individual property listings, are the banks, servicers, lenders or brokers providing any way to maintain continuity on what is being done to promote the properties and their subsequent sale?Christopher LunnCarson
Read more…I know there is no much around these days but just wondering if you have much success in bidding on bulk REOs or short sales. Would you like to offer some insides? Any pitfalls to avoid?Thanks,Uma Redwine
Read more…The Securities and Exchange Commission (SEC) may soon bring civil fraud charges against Angelo Mozilo, co-founder of Countrywide Financial, which folded into the Bank of America (BAC: 11.375 +3.32%) name as part of the recent mortgage operations rebr
Read more…Just read the following article:Q109 racked up $2.6bn in US commercial mortgaged-back security (CMBS) loan defaults, compared to $3.2bn for all of 2008, signaling an expedited pace in commercial mortgage defaults is upon the industry, according to Fi
Read more…We all are wondering what is going on with the frozen REO stock and the wave of work that could be coming our way. I just read a staggering number on Yahoo about Freddie Mac.. they saidThe results were driven by $8.8 billion in credit losses due to s
Read more…Many have asked me how to find or join the commercial REO group. Click on the link below to go to the group:Commercial REO GroupOnce you go to the page you may request to join the group.
Read more…just curious is anyone else having problems with with these auto acceptor companies? I am talking about the companies that brokers sign up for to automatically accept BPO's without giving anyone else a chance
Read more…Has anyone performed BPOs for Asset Valuation and Marketing (AVM). I recently received a couple of BPO orders from them but understand they do not lead to listings. I was informed they have sister companies that assign REOs. Does anyone know who thes
Read more…A buyer submitted an offer on an AHMSI property months ago with no response, property still available (it's in Fredericksburg, VA). Listing agent says she's lost contact with them. I found another agent who has several AHMSI listings (in NJ) and he s
Read more…did anyone else get an email proposing loss mit assignments for ocwen?similar to titanium assignments.
Read more…First I would like to say HELLO!I did a quick search for the last 2 hours or so trying to find recommended BPO companies and could not find a great answer. So I was hoping to start a discussion on the topic. Aggregate the best or top recommended comp
Read more…10/19/2009-Someone has resigned and is hoping by announcing it on our forums she will regain her "good name and reputation". As she has been known to remove her posts once she has written them I have copied it to my reply below. See below....Has anyo
Read more…I am fairly new to this site... with more time, some things may appear more obvious. However, the Ask the Asset Manager section got my attention - is there a way that we can post comments about the AM suggestions? In her answer she says we should "go
Read more…Most of these have strategies that I believe are proven in fact, they tie into the ASK THE AM strategy, but the key difference is that at least one or two of them give the asset manager information. Is there any particular one that you would recommen
Read more…I am just learning about Titanium and am interested in knowing more. I have checked out their website and believe I get the overall concept of what they do, but would love if someone was willing to explain with a little more detail about what agents
Read more…Here is a letter I wrote to Dan Waterman, founder of NFSTI, after auditing a class this past week. I originally took the class in Oakland in December 2008. I like to promote those who have helped me with my business. We have no business or monetary r
Read more…Has anyone used Evalonline for BPOS. I've done several about 35, and I was paid very slow for the first 11 but I was told that it was because I was still not on the system and they paid at the end of the month, So I was okay with the response. Its be
Read more…I am constantly being approached by buyers and investors who are also looking in other markets besides my own. Therefore I decided to form the REO Referral Network group where all can refer business to each other. Come join and let's refer business t
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