REO Pro - Real Estate Default Professionals

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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,
Vendor Resource Management
A PCV/MURCOR Real Estate Services Unit

 

 

I have been added to their database back in June of last year. Has anyone been receiving listing from them before doing certification. I am getting ready to do the certification just wondering how many have recevied listings from them.

 I found an old email below that offered courses live for 349. I noticed on the site it is now 449.

 

REO Specialists

> Become a certied REO specialist
for bank-owned properties

> Learn the latest process for
effectively soliciting, managing
and selling REO properties

> This class is for the Certification of
new and existing REO brokers

> Hear directly from Asset Managers
who assign business

BPOs for REOs

> Learn to accurately complete BPOs

> Hear from Wells Fargo on financing REO
properties needing repairs

 

For more information or
to register online, log on to
www.vrmco.com

 

 

Find everything Fannie Mae on the REOPRO group http://reopro.ning.com/group/fanniemae

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Comment by Brandon Jordan on April 30, 2011 at 12:28am
Jennifer no worries, http://reopro.ning.com/group/fanniemae
This link should help you out with your questions on where to go for Fannie Mae information.
Comment by Jennifer Romiti on April 29, 2011 at 1:00pm
Sorry to temporarily hijack your post Brandon... but Harry, do you know where to sign up for Fannie Mae or Freddie Mac?   I thought VRM was is but it sounds like there is another step per your message below.  Thansk! 
Comment by Harry Solomon on April 29, 2011 at 10:34am

I have not received an assigment pre or post training. The BPO segment was great, actually turns out Jeff, the instructor, is a neighbor and has been helpful with follow up on a difficult BPO I was working on. I understand they have a new instructor for the other segment, I would be interested in going again to see if that is better.

My understanding is that if you are not a Freddie approved broker they cannot assign Freddie assets to you. I'm not sure about the Fannie assets. I am running into that with other asset management compaines. If you are not on the "banks" list, then the asset management co. cannot assign assets to you. Not all, but some.

Comment by Jennifer Romiti on April 29, 2011 at 10:32am
I have been approved but haven't done any training.  I haven't seen any listings either.  I signed up with VRM for Freddie Mac, is there another sign up needed for Fannie Mae?
Comment by Barbara Keila on April 25, 2011 at 9:29am
We received a listing from them before going through the training.  Hope to get more after the training.

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