James A. Browning's (re1agent) Blog

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Education & Training - Browning Real Estate School/REO Institute
RECENT BLOG POSTS
CitiMortgage to Launch Home Rental Program as Foreclosure Alternative By: Tory Barringer CitiMortgage announced the launch of the Home Rental Program, a program designed to provide an alternative to foreclosure and allow eligible borrowers to stay in their homes.   The Home Rental Program will be...
10/23/2012
  Fitch Forecasts Continued Improvements for Housing By: Esther Cho Fitch Ratings is predicting a continued recovery into 2012, according to a recent report titled U.S. Homebuilding and Construction: The Chalk Line. A slowly growing economy combined with “somewhat diminished distressed home sales...
10/17/2012
  ShortSaleCertified® Topic CitiMortgage to Launch Home Rental Program as Foreclosure Alternative  CitiMortgage to Launch Home Rental Program as Foreclosure Alternative By: Tory Barringer CitiMortgage announced the launch of the Home Rental Program, a program designed to provide an alternative to...
10/07/2012
Short Sale Transactions: Increasing Risk or Reward?   By Ed Gerding   Less than four years ago, short sales were such a rarity that the industry, for the most part, didn’t bother to track them. But in 2011, short sales accounted for 7.8% of all sales, and 28.7% of distressed sales, based on natio...
10/01/2012
  Illinois Takes Lead for Foreclosure Rate, REOs Continue to Fall 09/13/2012 By: Esther Cho A new state took the spotlight in RealtyTrac’s Foreclosure Market Report for August. For the first time since January 2005, which is when RealtyTrac began the report, Illinois ranked number one for its for...
09/27/2012
                                                            Valuation/BOV of Multi-Family Assets Multi-family properties present special challenges. Join REOMAC for this important webinar and learn the terminology used by commercial real estate brokers, how to value multi-family buildings in tod...
09/15/2012
ACTOR TOMMY LISTER CHARGED WITH MORTGAGE FRAUD AND AGREES TO PLEAD GUILTY By Herman Thordsen     On Aug 31, Tommy Lister, an actor who has appeared in approximately 100 movies, was charged in federal court with conspiring to commit mortgage fraud in a scheme that led to $3.8 million in losses. Li...
09/10/2012
REO Saturation Rate Falls for First Time in 2012: Clear Capital By: Esther Cho While home prices remained little changed, the REO saturation rate fell for the first time this year, according to Clear Capital’s Home Data Index Market report, which included data to the end of August. The REO satura...
09/07/2012
BPO REO Simplified This book provides a thorough understanding of the complex procedures, guidelines, timeframes, and tasks the Outsourcers, Banks and Lenders demand in today’s REO (Real Estate Owned), or Bank Owned Distressed Market. And here is the link to the book ($10.95) itself http://www.bu...
09/02/2012
REOMAC has made a decision not to hold its Fall Education Summit & Expo scheduled for early October. REOMAC has made a decision not to hold its Fall Education Summit & Expo scheduled for early October. Contributing factors in the decision were a contractual dispute with the venue as well as an ac...
09/02/2012
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James A. Browning

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