Econohomes Launches Innovative REO Investor Website
Interesting website, nice design. They don’t have the inventory like some of the larger websites but they are just starting so maybe they are in the process of ramping up. Business Wire - Econohomes,...
View ArticleCarlton Exchange to auction $400 million in REO assets & loans
A Floridan mortgage lender is hooking up with a New York auction house to move over $400 million in inventory. It will cover various property types in Florida from multi-family, commercial and hotels...
View ArticleTwo-thirds of Orlando real estate transactions are REO Or Short Sales
Good news to hear that real estate sales are happening in Orlando and the market is working on a path to clear all these distressed properties. Only 31% of the sales in April were actually traditional...
View ArticleHUD gives non-profits and governments 10% discount on REO properties
Housing Wire - The Department of Housing and Urban and Development (HUD) will give state and local governments and nonprofits participating in the Neighborhood Stabilization Program (NSP) preference to...
View ArticlePortland home values down 2.2 percent
Interesting fact that just a tad bit over 20% of the Portland, Oregon real estate market is made of up Real Estate Owned properties. Real estate prices overall are down around a third from the 2007...
View ArticleCertusBank launches REO listings section
Thought you might enjoy this for all my users seeking REO information. PR Newswire - CertusBank, N.A. is pleased to announce the launch of www.certusbank.com/reo , a website featuring bank-owned...
View ArticleNext steps for REO pilot program announced by FHFA
The Federal Housing Finance Agency (FHFA) today announced that the winning bidders in a real estate owned (REO) pilot initiative have been chosen and transactions are expected to close early in the...
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