Tag: Frank DeNovi

Fannie Mae REOs returning to market

Back in September, Fannie Mae responded to "Foreclosure-gate" by halting evictions and closings on all bank-owned properties whose loans were serviced [...]
Introducing the DK Home Team

Introducing the DK Home Team

Over time, Frank DeNovi's business has evolved considerably, to the point that he now orchestrates a team of trained office and field employees who [...]
An REO specialist’s mission statement and succession plan

An REO specialist’s mission statement and succession plan

A typical real estate agent lacks a mission statement and a succession plan, making it difficult for lenders to be confident in hiring his services. [...]
Frank DeNovi: Upscale foreclosures are changing the game

Frank DeNovi: Upscale foreclosures are changing the game

Foreclosures, once unheard of in higher-end properties, are now common. That places an entirely new set of demands on REO specialists, not all of wh [...]
What is a recapture rate?

What is a recapture rate?

Mortgage lenders are in business to loan money, and would like the opportunity to "recapture" the loan on properties they've taken ownership of in f [...]
An REO specialist on FNMA's HomePath programs

An REO specialist on FNMA's HomePath programs

Steve Klein, an REO manager for Coldwell Banker Realtor and REO specialist Frank DeNovi, sat down with YoChicago's Joe Zekas earlier this month to e [...]

WSJ: DeNovi 26th among national Realtors in transaction sides

Congrats to our friend and client Frank DeNovi, who ranked 26th in the Wall Street Journal's 2010 list of the nation's top 400 real estate professiona [...]
An REO specialist’s service area

An REO specialist’s service area

The typical real estate agent services a fairly narrow, generally geographic niche market. That narrow focus doesn't work for REO specialists, who [...]
An insider’s look at REO properties

An insider’s look at REO properties

When REO specialist Frank DeNovi receives a new property from one of his client lenders, he often has little more to go on than an address and the [...]

Frank DeNovi on foreclosures and short sales

One of our company's newest clients is Frank DeNovi, a Coldwell Banker agent who has worked with bank-owned properties for 25 years. We're still edi [...]
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