commercial notes: Are Commercial Notes Replacing REO's? - 12/02/09 05:24 PM
Not one day goes by that I don't get a request for REO's.  Not that they weren't relatively "elusive" before as far as finding a legitimate tape but it seems that now they're even more difficult to find.  So are we going through a time now when investors are turning to Commercial Notes and banks are happy to unload the paper without the hassle & liability associated with REO's?  It seems so.  I had a conference call with an FDIC Note Specialist today discussing the turn of events and what to expect next.  The most impressive difference being that the offer … (2 comments)

 

Dalene Stuteville

Middlebury, IN

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Encore Investment Group, Inc.

Office: 866(473) 910-9701



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