Bulk-NPN

New Fannie Mae Program

Posted by Tad Imuta on August 11, 2010 at 7:59 am

Fannie Mae Bulk-REO and NPN Under the New Program, Fannie Mae: Is unloading a large portfolio of REO and NPNs; both residential and commercial starting from August 2, 2010: SFR REO in CA is between 40-45 | other states 30-40 (some areas are low 40s) Purchase: No less than 5M and unlimited No pass-thrus allowed [...]

Custom Tapes from Banks

Posted by Tad Imuta on July 18, 2010 at 9:08 pm

Custom bulk-REO tapes & notes We submit custom orders directly to Seller’s Mandate / Asset Manager of major banks, some smaller banks. Our buyer will have exclusivity to review and purchase a custom tape Orders can be placed for SFRs, multi-family, apartment complexes, commercial properties or notes in any state We need POF / LOI / [...]