James A. Browning's (re1agent) Blog

  Illinois Takes Lead for Foreclosure Rate, REOs Continue to Fall 09/13/2012 By: Esther Cho A new state took the spotlight in RealtyTrac’s Foreclosure Market Report for August. For the first time since January 2005, which is when RealtyTrac began the report, Illinois ranked number one for its for...

                                                            Valuation/BOV of Multi-Family Assets Multi-family properties present special challenges. Join REOMAC for this important webinar and learn the terminology used by commercial real estate brokers, how to value multi-family buildings in tod...

ACTOR TOMMY LISTER CHARGED WITH MORTGAGE FRAUD AND AGREES TO PLEAD GUILTY By Herman Thordsen     On Aug 31, Tommy Lister, an actor who has appeared in approximately 100 movies, was charged in federal court with conspiring to commit mortgage fraud in a scheme that led to $3.8 million in losses. Li...

REO Saturation Rate Falls for First Time in 2012: Clear Capital By: Esther Cho While home prices remained little changed, the REO saturation rate fell for the first time this year, according to Clear Capital’s Home Data Index Market report, which included data to the end of August. The REO satura...

BPO REO Simplified This book provides a thorough understanding of the complex procedures, guidelines, timeframes, and tasks the Outsourcers, Banks and Lenders demand in today’s REO (Real Estate Owned), or Bank Owned Distressed Market. And here is the link to the book ($10.95) itself http://www.bu...

REOMAC has made a decision not to hold its Fall Education Summit & Expo scheduled for early October. REOMAC has made a decision not to hold its Fall Education Summit & Expo scheduled for early October. Contributing factors in the decision were a contractual dispute with the venue as well as an ac...