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Featured Blog Posts – May 2015 Archive (1)

Is the REO industry finally dead?

At some point when i started getting REO's in 2006 i was told by Spring of 2009 it would be all over. Boy they were wrong in 2009 i sold 189 REO's but something was different then. REO's were being traded from one asset company to another and i was sent along the ride with the new companies selling an average of 150 a year till 2014. Now in 2015 the REO's are just drying up with no new asset manager on the block and nobody even making claims that we have a shadow inventory coming sometime…

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Added by Alex Nova, A-REO, CDPE, RDCpro on May 20, 2015 at 3:59pm — 7 Comments

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