Lee Frank replied to Jesus (Jesse) Gonzalez's discussion REOPro Makes the Agent the AMC
"Hey Jess,  Quite an undertaking.  Would like to work with you here in the Southwest Florida area.  Would your management company, aside from the marketing manual, advertise and promote the service that we would provide?  Count me in.... …"
May 1, 2013
Lee Frank replied to Greg Masson's discussion Build your own REO's/Banks
"Greg, We have an interest here in Southwest Florida.  Send me some info.  Thanks,  LeeFrank@comcast.net"
Jul 15, 2012
Lee Frank replied to Valerie Escalante, CRS, GRI's discussion SAM Contractor list
"Drop me an email and I will send you a new one.  LeeFrank@comcast.net"
Aug 29, 2011
Lee Frank replied to Jerry Filoteo's discussion CHASE - PAM
"Thanks Marcia,  That explains a lot. I apprreciate that. I have never ran across it before. "
Aug 2, 2011
Lee Frank replied to Jacqueline Maurer's discussion 24 Asset Management Corp ~ Any opinions ?
"24 Asset is a great company to work with.  Sold 14 REO's with them past year..  Hq in San Diego, with offices in Miami and Atlanta. Strictly Fannie Mae and using the Equator Software platform.  Very well organized and ran. Apply on line."
Aug 2, 2011
Lee Frank replied to Jerry Filoteo's discussion CHASE - PAM
"Marcia, How does the Short Sale assigned as an REO work?  I thought that you had to hold title in order to sign a listing agreement.  Do they somehow hold title to the property? Hearing a bit about REO companies assigning short sales....."
Aug 2, 2011
Lee Frank replied to Blaine Radford's discussion RES.NET discount codes
"Lon & Don, If you are renewing, what is your take on the last year.  Did you get listings as a result of paying membership?  Lee"
Jul 20, 2011
Lee Frank replied to Tamara Henry's discussion Res.net AMP
"Cindy,  It has been almost 5 months since you upgraded to AMP.  Anything happen yet? Curious....  Lee"
Jul 20, 2011
Lee Frank posted a discussion
Got this email today.  Opportunity or scam? Nationwide REO Network offers you an opportunity to become one of our select prescreened brokers or agents. In order to maximize lead generation and quality, we only allow ten providers per city!Unlimited…
Jul 20, 2011
Lee Frank replied to Brandon Jordan's discussion Fannie Mae reduces the commission to all their listing agents the ones in care of their properties.
"They also added that there will be a Technology fee of $50 on the HUD.  Which technology are they talking about?  You already pay to submit invoices for out of pocket expenses to LPS....  The only solution to the 2% commission is to do more…"
Jun 3, 2011
Lee Frank replied to Tim Jenkins's discussion How do you manage BPO's?
"At $28, the agent is only making $7 per hour, minus the cost of gas to get out and back.  If you are the procuring cause, change the name to the BPO company with the agents.  Let them deal direct.  Also allow them to be paid directly and save…"
May 25, 2011
Lee Frank replied to Brandon Jordan's discussion Has anyone else seen a contract with the Homepath 3.5 % sales incentive used already?
"It just messes up the sale.  If you have two buyers, both offering full list, the one asking for the incentive will lose because it is a net bottom line that takes the deal. Fannie tends to favor the Owner Occupant but if up against an investor they…"
Apr 13, 2011
Lee Frank replied to Mark Howard's discussion E&O Insurance
"Jose, In light of the new requirement to carry General Liability from Fannie and her outsourcers, what effect do you think it will have on both current and direct agents?  I know some big companies, 350 plus agents, that will not carry General Liab…"
Apr 11, 2011
Lee Frank replied to BOB ROUSE's discussion HSBC MORTGAGE SERVICES
"Hi Julie, Can you send HSBC into to me also?  I am sure I have something I can share with you.  Lee"
Apr 11, 2011
Lee Frank replied to Mark Howard's discussion E&O Insurance
"It is $1,000,000.  But FNMA and their outsourcers are now also requiring Generall Liability of $1M /$2M."
Apr 11, 2011
Lee Frank replied to Jose Rivas (DGRA) CDPE, SFR's discussion HUD listing agents
"Jose, Also would like to join the HUD group.  I am a HUD Broker.  Lee"
Apr 7, 2011
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