James A. Browning's (re1agent) Blog

“BROKER PRICE OPINION”, value what you see, not what you are assigned?! Written by: James A Browning MRE Andy received a phone call from Outside values (BPO Company) asking him if he could value a housing development that went into foreclosure. Andy had 17 years of Commercial experience valuing m...

  REOMAC Commercial Dinner @ “The Jonathan Club” in LA, Nov. 1st 2012. Meet the Movers and Shakers of Commercial Real Estate in the Mortgage Industry! Meeting Information Date:November 1, 2012 Time:Registration Opens: 4:30 pm Cocktail Reception: 5:00 pm Dinner: 6:00 pm Dr. Adibi: 7:00 pm (no seat...

CitiMortgage to Launch Home Rental Program as Foreclosure Alternative By: Tory Barringer CitiMortgage announced the launch of the Home Rental Program, a program designed to provide an alternative to foreclosure and allow eligible borrowers to stay in their homes.   The Home Rental Program will be...

  Fitch Forecasts Continued Improvements for Housing By: Esther Cho Fitch Ratings is predicting a continued recovery into 2012, according to a recent report titled U.S. Homebuilding and Construction: The Chalk Line. A slowly growing economy combined with “somewhat diminished distressed home sales...

  ShortSaleCertified® Topic CitiMortgage to Launch Home Rental Program as Foreclosure Alternative  CitiMortgage to Launch Home Rental Program as Foreclosure Alternative By: Tory Barringer CitiMortgage announced the launch of the Home Rental Program, a program designed to provide an alternative to...

Short Sale Transactions: Increasing Risk or Reward?   By Ed Gerding   Less than four years ago, short sales were such a rarity that the industry, for the most part, didn’t bother to track them. But in 2011, short sales accounted for 7.8% of all sales, and 28.7% of distressed sales, based on natio...