To the Students from the Feb 14, 2012 Class at SKCAR Bellevue on Buying REOs

By Jillayne on February 14, 2012 in Buying REOs

Here are some links to information we will cover today:

Here is a nice graph showing agency REO inventory and the follow up from Tom Lawler adding private label RMBS REO inventory….and here’s CR’s Graph Gallery. The menu runs left to right across the top of the page, just under CR’s logo.

We talked about Fannie and Freddie being insolvent. Here’s a story from Housing Wire on that topic. Expect MORE FHA REOs out there.

Here’s a great resource guide that was just published: It’s 61 pages….BUT full of good stuff. WA StateForeclosure Resource and Prevention Guide.

Senate Bill 6337, WA State, re Short Sale Debt Forgiveness.

And here’s more reading material on the Community Reinvestment Act. It’s time to stop blaming the CRA for the housing bubble/meltdown.

Here’s a story from Jan of 2012 as to the research done by Fannie Freddie and why they’re not offering principal balance reductions.

Here’s the New York Times interactive graph showing the percentage of subprime loans in each state and county.

Here’s the 60 Minutes Episode on LPS and the robo signer fiasco.

Here’s a blog post I wrote providing a link to many bank-owned REO lists.

Here’s that 60 Minutes Episode on LPS and the Robo-signer scandal.

Here are the details of the 50-State Attorneys General lawsuit settling the robosigner fiasco.

Here’s the article by Bill Black on the subject of banks and which banks are/are not insolvent

Here’s info on the Fannie Mae Homepath Renovation loan program and the special offer from fannie…..and theHUD Homestore.