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 by GMAC, Bank...

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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...

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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...

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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, whose client lenders...

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