Hi Students! Here’s the follow up from today’s class. This is an interesting website showing how Hellickson has been spending his time lately. I had a question for myself: What is the current federal funds rate? Here’s a nice explanation from bankrate. The next question I asked myself was, “could the fed funds rate go lower?” […]
Tag Archives | How to Become an REO Agent
To the Students from the July 7, 2010 REO Class at Windermere Bellevue West
Hi Everyone, Here’s the folow up from today’s class. Here’s the graph showing 96.5 percent of all loans now backed by the federal government. Here’s the New York Times interactive map showing the subprime loans made during the real estate bubble run-up. Here’s a way to see the FHA default rate of your favorite lender. […]
To the Students from the April 9, 2010 REO class at SKCAR Bellevue
Hi Everyone, Here’s the follow up from the REO class on Friday: Here’s a link to a story about problems people are having getting flood insurance right now. Here’s a link with more information about the Home Affordable Foreclosure Alternative program regarding giving lenders monetary incentives to process short sales when a homeowner does not […]
To the Students from the Jan 11, 2010 REO Class at Preview P Northgate
Hi Everyone, Here are the links I promised to send: List of WA State Chartered Banks Here is the unofficial list of problem banks. Scroll down for the embedded spreadsheet. …and here is more info on Option ARMs for those who were asking lots of great questions about Option ARMs. This post contains the statistics […]