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Subject: PEMCO, Green River Capital, Phoenix Asset Management... ...Asset Valuation & Marketing,DS NEWS, REO Network, Prime AssetFund and MFS Supply. What do all these wonderful companieshave in common? They all recorded a video to wishyou a Merry Christmas and a HappyNew Year! PEMCO actually sang part of theirChristmas greeting. ;) Check them out here. Merry Christmas! Permission granted by Chris to publish this video, I want to thank all those who shared their best wishes in the video...James (1 comments)
Wednesday, December 21, 2011 By Evan Nemeroff Brillion Asset Solutions has acquired the REO asset management company Infinity National Asset Management. Like what you see? Click here to sign up for the Managing REO bi-weekly newsletter to get the latest news, trends, and data written to help asset managers better manage foreclosed property. Terms of the transaction were not disclosed. According (2 comments)
In the rollercoaster world where REO and foreclosure volumes change on a monthly basis, title companies, lenders and servicers are trying to close as many real estate transactions as possible despite inventory levels being lower than previous years. http://www.mortgageservicingnews.com/nmn_features/facing-challenges-reo-marketplace-1026200-1.html?ET=mortgageservicing:e1683:25741a:&st=email&utm_source=editorial&utm_medium=email&utm_campaign=MSN_REO_082411&site=default_reo
Home Prices Rising or Falling or Standing Still? - 12/18/11 11:58 AM
Where are prices going in your market? And how sure are you? We've certainly had lots of surprises as an industry! Read this today: Survey: Home Prices Expected to Increase 1.1% Over Next Five Years http://www.dsnews.com/articles/survey-home-prices-expected-to-increase-11-over-next-five-years-2011-09-21 (1 comments)
WHAT DOES CHRISTMAS MEAN TO YOU??? - 12/07/11 12:52 AM
What does Christmas mean to you? Family? Health? Money? Fame? Higher Power? Religion? Happiness? Many choices are not listed, but, What does Christmas mean to you? HAPPY HOLIDAYS AND MAY YOU HAVE A WONDERFUL NEW YEAR!!
Study Uncovers Declines Among Owner-Occupant REO Buyers!! - 12/05/11 10:42 PM
Study Uncovers Declines Among Owner-Occupant REO Buyers!! Looking for an REO buyer? It’s becoming harder to find owner-occupants to fit that bill. New Vista Asset Management has published the results of a three-year study on buyers of foreclosed homes, covering 18 counties hit hardest by the mortgage crisis. The company says the percentage of REO homes sold to owner-occupant buyers has decreased in almost every market. In Los Angeles County, California, for example, owner-occupant REO buyers have dropped from 80 percent in 2009 to 60 percent by the third quarter of 2011. New Vista’s study uses data extracted from (0 comments)
The depreciation of home values over the past half-decade has left millions of mortgage borrowers owing more than their home is worth – 10.7 million, according to CoreLogic.
The company released its third-quarter update on negative equity within the U.S. housing market Tuesday. It shows that 22.1 percent of all residential properties with a mortgage were underwater as of the end of September. That’s actually down from 22.5 percent – or 10.9 million borrowers – at the end of the second quarter, but CoreLogic says the number remains high (0 comments)
Do "NOT" Buy a list for REO/BPO Institutions for REO Listings or BPO Opportunities!!!! - 12/01/11 11:19 PM
DO NOT purchase a list of Banks/Lenders/Outsourcers for BPO opportunities or REO Listings! In my many years of REO experience, the lists are not worth the paper they are written on. BEWARE!! Tip # 1, I have seen many lists that promise a link or connection to Asset Managers, Vender Relations, BPO Managers, Outsource Managers, and other positions that promise success for obtaining relationships with the above positions. A. Asset managers and other managers are in a constant state of change. So, the list last year or six months ago may not be accurate.B. Asset Managers, BPO Managers have LARGE (2 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.