Bank Owned Properties
This may not apply to most of you but if you’re a real estate professional and you occasionally complete broker price opinions you might want to check out our new free BPO Software for creating real estate BPO’s. Wondering what is a real estate BPO? In short a Broker Price Opinion is exactly that, an …
What is a real estate BPO? (broker price opinion) Read More »
Last Updated Jan 2018 Updated List of REO Departments, looking for a list of REO departments? Also known as Real Estate Owned. If you’re looking for a list of contacts to get REO listings or BPO assignments here is a great list to start with. REO List (Real Estate Owned) Companies & Departments (See list below) MY REO …
Question we received a few days ago. Posted from an email received, “My Landlord is in Foreclosure. I’m in Riverside, renting from a landlord that has not paid the mortgage nor the homeowners association fees and facing foreclosure, already in the first stages. My landlord told me this only after I learned of it from the …
An Irvine based Fannie Mae REO associate was indicted on federal bribery charges late last month. Armando Granillo, 44, used to work out of the government mortgage giant’s office in Irvine, California as an REO specialist. Apparently Mr. Granillo also specialized in offering brokers listings access to Fannie Mae’s extensive portfolio of foreclosed homes for …
Fannie Mae REO Associate Caught Soliciting Kickbacks Read More »