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Archive for December, 2007

Holiday Prep Time

Over the years I’ve noticed the tendency of asset management companies / banks to decrease the amount of work required of REO specialists across the boards.  It seems that two things are happening:  1)  Banks are showing compassion and not foreclosing on individuals during the holiday season, and 2) much of the staff for the [...]

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Sen. Clinton Requests Moratorium

Early this week Sen. Hilary Clinton announced her stance on the national foreclosure epidemic.  With the elections coming up soon it is only a matter of time before all candidates offer their opinion on what the country should do about the hurricane known as REO.  Sen. Clinton’s opinion is a multi-tiered exit strategy for the [...]

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