Non Performing Loans, REO, and Contacts for Thousands of Banks
US banks reported an increase in distressed mortgage and REO volume of nearly 10% over the previous quarter. Troubled real estate and distressed whole loans with banks now top $352 Billion, up from a little more than $320 Billion in the previous … [Read more...]
Members have been telling me they're eager to see the latest data from the banks, and we're eager to give it to you. So I thought I'd explain a bit about how and when we get our distressed loan and REO data so you know what to expect. Banks are … [Read more...]
One question I get a lot is "Who should I be asking for at the bank?". The answer depends on a a few things 1) the size of the bank 2) what your offer is 3) your comfort level with the material of the discussion 4) your existing connections. Sales … [Read more...]