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Professional Debt Negotiator working with sellers and banks to liquidate problem properties. Over 30 years of construction and negotiating experience.
Great article, Julie. It's good to know that protection of the interior of Florida will benefit residents on both east and west coasts. We will all enjoy the clean air and water in our eco-friendly Florida communities. Best regards, Tom
Great article, Julie. It's good to know that protection of the interior of Florida will benefit residents on both east and west coasts. We will all enjoy the clean air and water in our eco-friendly Florida communities. Best regards, Tom
Great article, Matt. So why is Fannie Mae acquiring 75% more REO's this year over last? Does their loss mitigation department fail to simply see supply and demand effects on housing prices? As they flood the market with REO's, they increase supply which forces prices down, losing FNMA investors more money. They are better off taking a smaller loss on a defaulted mortgage via short sale, or at least setting a realistic starting price the foreclosure auction. Either action would save them from the embarassing REO statistics and staggering REO management costs.
