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countrywide: WaMu is now offering its REOs on-line - 10/25/08 07:03 PM
Washington Mutual is now offering its REOs on-line
WaMu has finally figured out that in order to get of its huge inventory of 40,000 bank owned properties (second largest behind only Countrywide HomeLoans' approximately 58,000 properties), it needs to reach out directly to the public by advertising on-line rather than have its broker … (1 comments)
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countrywide: Bank of America’s own bail-out plan for Countrywide customers in risky loans. - 10/06/08 10:42 PM
Bank of America's own bail-out plan for Countrywide customers in risky loans.
Bank of America announced the creation of a proactive home retention program that will systematically modify troubled mortgages with up to $8.4 billion in interest rate and principal reductions for almost 400,000 Countrywide customers nationwide (125,000 of them … (0 comments)
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countrywide: Which Lender has the most (REO) properties for sale? - 01/02/08 10:25 PM
With an estimated half a million foreclosures on the market at the end of 2007, one might wonder why they are not more aggressively advertised. You would think that lenders would do everything they can to get rid of the properties as soon as possible as every day they keep a … (10 comments)
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