fha default: Foreclosure Tsunami Wave Two is on the horizon....
- 04/23/10 12:55 AM
Asset Managers are contacting me about increasing asset levels...scores are being reviewed...REO Agents are being asked what we have done to prepare proactively for the coming wave of foreclosures. You see, this isn't a reactive business...you must keep your finger on the pulse and send out the scouts to read the market constantly. We do this as standard operating procedure. We at Concord Real Estate have undergone our 3rd restructuring in 2 years to tweak the process for efficiency. Our scores have increased. Our Days on Market have reduced which means that we will see a significant increase in inventory levels. … (4 comments)
Asset Managers are contacting me about increasing asset levels...scores are being reviewed...REO Agents are being asked what we have done to prepare proactively for the coming wave of foreclosures. You see, this isn't a reactive business...you must keep your finger on the pulse and send out the scouts to read the market constantly. We do this as standard operating procedure.
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