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Brandon Jordan's Blog (19)

REO PRO Fannie Mae group reaches over 300 members

The group this week hit a milestone I wanted to welcome all the new members and thank the first members for their posting of comments and keeping the group active and growing.

 

 

This group is to discuss Fannie Mae properties with Fannie Mae and to share solutions to getting more business with Fannie Mae or getting in the door with Fannie Mae and to stay up to date on their requirements.

Website:…

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Added by Brandon Jordan on July 26, 2012 at 10:30pm — No Comments

I am now a 50/50 member with Coldwell Banker and have won the President Elite award for 2011

With 50 + listings in 2011 year's end and 50 + sales in 2011. I have received the following award.

 

I am now a 50/50 member with Coldwell Banker and have won the International President's Elite award for 2011.

 

 

COLDWELL…

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Added by Brandon Jordan on February 19, 2012 at 8:30pm — 3 Comments

REO PRO Fannie Mae group reaches over 250 members

The group this week hit a milestone I wanted to welcome all the new members and thank the first members for their posting of comments and keeping the group active and growing.

This group is to discuss Fannie Mae properties with Fannie Mae and to share solutions to getting more business with Fannie Mae or getting in the door with Fannie Mae and to stay up to date on their requirements.

Website:…

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Added by Brandon Jordan on February 18, 2012 at 12:35am — No Comments

Bank of America group on REO PRO reaches 150 members

The group this week hit a milestone I wanted to welcome all the new members and thank the first members for their posting of comments and keeping the group active and growing.

This group is to discuss Bank of America properties with Bank Of America and to share solutions to getting more business with Bank of America or getting in the door with Bank of America and to stay up to date on their requirements.

Website:…

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Added by Brandon Jordan on February 18, 2012 at 12:30am — No Comments

I am now Five Star Short Sale certified and listed on REORedBook.com

I have received my short sale Certificate from Five Star

I am now listed on the REORedBookcom.

The Redbook was passed out this year at the Five Star conference to all the attending asset managers.

Below is from the Five Star website:

"We are looking for the best. The lender and servicing communities are calling for highly qualified, performing, experienced REO agents. And we're answering that call. All members of the FORCE…

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Added by Brandon Jordan on October 21, 2011 at 10:20pm — 2 Comments

I am now Five Star REO certified how many on REOPRO are Five Star REO certified?

I have received my REO Certificate from Five Star

Below is from the Five Star website:

"We are looking for the best. The lender and servicing communities are calling for highly qualified, performing, experienced REO agents. And we're answering that call. All members of the FORCE must…

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Added by Brandon Jordan on October 21, 2011 at 10:17pm — No Comments

Bank of America group on REO PRO reaches 100 members

The group this week hit a milestone I wanted to welcome all the new members and thank the first members for their posting of comments and keeping the group active and growing.

 

 

This group is to discuss Bank of America properties with Bank Of America and to share solutions to getting more business with Bank of America or getting in the door with Bank of America and to stay up to date on their requirements.

Website:…

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Added by Brandon Jordan on August 15, 2011 at 10:50pm — 9 Comments

Fannie Mae sales downturn

I was reading the story today that Housingwire published Fannie Mae sees light at the end of housing tunnel and I was wondering if anyone was looking into the numbers with Fannie Mae and the timing of the topic of Fannie Mae pulling back on the assets going to outsource management companies they have been using.
 
I have…
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Added by Brandon Jordan on July 31, 2011 at 10:00pm — No Comments

Tracking the failed banks list and how it can grow your REO business

I have not heard this topic brought up much when taking REO courses and online discussions on how to grow your businees. I have read talks of failed banks on post and names of banks along with a direct link to US Treasury in various places but not how it relates to growing your REO business. I have to think there are numerous ways to use this list to help to gain new listings after all these banks have assets they are holding and if the bank is closing this would most likely direct you to…

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Added by Brandon Jordan on July 18, 2011 at 1:11pm — 2 Comments

New group LinkedIn on REO PRO

I have been on linkedin for sometime, I believe the network can help your business I have been contacted from my profile and have received listings from connections on Linkedin. Feel free to send me an invite today I am always looking to add connections. You can share your email within the group on the wall post for others to be able to invite you as an added connection on Linkedin you will have a…
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Added by Brandon Jordan on June 23, 2011 at 1:26pm — No Comments

Fannie Mae running a pilot Utility Management program

Below Is part of an email I received this week I am wondering if anyone here on REO PRO has had a track record with this program with other outsourcers that may have tried this before. If you have ran into this already how easy was the conversion any problems to look out for?

 

 

One or more of the properties assigned to you has/have been selected for Fannie Mae's Utility Management Pilot. As part of the…

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Added by Brandon Jordan on June 19, 2011 at 2:30pm — No Comments

How much bailout is still in progress has it been enough?

The movie to big to fail showed for the first time on HBO this past Monday. I am sure this will bring many to do some research on the current status of the relief programs that are out there.

Capital Purchase Program (CPP), under the Emergency Economic Stabilization Act (EESA) in October 2008.



Four groups of entities receiving CPP funds have…

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Added by Brandon Jordan on June 5, 2011 at 8:24pm — No Comments

So what banks use RES.NET?

This I have to say is an odd business model that RES.NET has currently. I don't know who has advised RES.Net to not disclose or make easily available the banks that utilize their services.I would think the thought would be to have as many Realtors sign up for their services at RES.Net as possible to make sure that Realtors are already familiar with their services and using the system before a bank contacts the Realtor and when asking the Realtors they are contacting and asset manager would…

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Added by Brandon Jordan on May 15, 2011 at 1:49pm — 4 Comments

Fannie Mae's new outsource vendor VRM training

Congratulations! Your profile and application has been reviewed and approved by our Vendor Management Team. You are now an APPROVED VRM VENDOR.



Please be aware that this approval does not guarantee immediate asset assignments. Assets are assigned based upon a specific client need in a specific geographic zip code.



We look forward to working with you in the near future.
Thank you,…

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Added by Brandon Jordan on April 24, 2011 at 10:41pm — 5 Comments

AIG tries to payback the bailout money and the fed says no?

AIG tries to payback the bailout money and the fed says no?

Federal Reserve Bank of New York and BlackRock (BLK: 196.10 -0.95%) sold $1.3 billion of subprime mortgage bonds the Federal Reserve acquired from AIG upon bailing out the…

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Added by Brandon Jordan on April 24, 2011 at 10:37pm — 1 Comment

So who is watching the store?

The ACLU (The American Civil Liberties Union) filed a petition with a Florida appellate court this month.

The 20th Judicial Circuit Court in Lee County, Florida.They are trying to stop the court from pushing foreclosure cases onto a mass docket that was designed to quickly handle an influx of foreclosure cases.

I couldn't believe with the problems of the last year this could even be a thought in anyones mind. We have to make sure all the foreclosures are heard fairly that is…

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Added by Brandon Jordan on April 24, 2011 at 10:30pm — No Comments

REO PRO Fannie Mae group reaches 100 members

The group this week hit a milestone I wanted to welcome all the new members and thank the first members for their posting of comments and keeping the group active and growing.

 

 

This group is to discuss Fannie Mae properties with Fannie Mae and to share solutions to getting more business with Fannie Mae or getting in the door with Fannie Mae and to stay up to date on their requirements.

Website:…

Continue

Added by Brandon Jordan on April 3, 2011 at 12:38pm — 1 Comment

I have been ask by many new REO agents what timelines do banks normally have?

This is a timeline that I hope everyone will find useful. This is just what I have found to be the norm. If in doubt always best to check with your asset manger unless directed to send questions to their pre marketer.

 

 

Agent Task

Deadline (from when task is opened)

Accept/Reject…

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Added by Brandon Jordan on January 23, 2011 at 2:42pm — 1 Comment

CrestviewREO.com is your area REO.com available?

This would be my suggestion to anyone starting out. There are many emails I receive everyday about buying a domain name for any of the listings that I currently have.I would say before you think of buying a website like this, go to a domain name register and look up your area that you cover.

 

It may be more difficult if you are in a larger city but this might suprise you if you are in the burbs or in a rural area. I was writing this post and as I was writing it I went to a…

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Added by Brandon Jordan on January 15, 2011 at 11:45pm — 1 Comment

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