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Monthly Archives: March 2010
More Bank REO Foreclosures Coming
More foreclosures on the way In Q4 2009, the amount of mortgages falling behind by 90 or more days increased 21%, resulting in more foreclosures ahead, according to a study from the Office of the Comptroller of the Currency (OCC) … Continue reading
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What is REO Asset Management?
For us to define what REO Asset Management we first need to understand what REO means. REO stands for Real Estate Owned specifically by a bank and is usually a piece of property the bank has foreclosed and regained control … Continue reading
