New Jersey - The New Jersey Housing and Mortgage Finance Agency (HMFA) continues to maintain Blue Realty GMAC as co-exclusive Asset Manager in the Northern and Southern region of New Jersey. As the Asset Manager of the state since 1999, Blue Realty GMAC is responsible and sells the individual REO properties acquired by the HMFA through foreclosure in New Jersey.
According to Charles Blumenkehl, president of Blue Realty GMAC Real Estate Services, "We are pleased to be the servicing Realtor in the current cycle in New Jersey. Our Role, particularly in Southern New Jersey, focuses on the most active concentration of New Jersey state owned properties and continues to position GMAC Blue Realty as a leader in residential real estate through New Jersey.",
Founded in 1983 and active in foreclosures since 1989, the company maintains offices throughout New Jersey. Blue Realty / GMAC is the largest independently owned Real Estate Brokerage in the GMAC Network. For more information about the company, log on to www.bluerealty.com, or call the company toll free at (800) 936-SOLD.