January 2013

There are 2 blog entries for January 2013.

Bank of America transferring the servicing rights of Fannie Mae and Freddie Mac home loans

Wednesday, January 16th, 2013 at 10:15am. 3139 Views, 0 Comments.

More Headaches for Short Sales sellers who have Fannie Mae & Freddie Mac Home loans serviced by Bank of America?

Bank of America announces settlement with Fannie Mae and that it will be transferring the servicing rights of these particular home loans to Nationstar that you can read Here.

Bank of America also announced that it signed definitive agreements with two different counterparties to sell the servicing rights on certain residential mortgage loans serviced for Fannie Mae, the Federal Home Loan Mortgage Corporation (Freddie Mac), the Government National Mortgage Association (Ginnie Mae), and private label securitizations, with an aggregate unpaid principal balance of approximately $306 billion. Transfers of servicing rights are subject to the approval…


Bank Owned Homes for Sale in the Las Vegas Area - January 2013 Report

Wednesday, January 16th, 2013 at 9:02am. 722 Views, 0 Comments.

Bank Owned Homes for Sale in Las Vegas - 01/16/2013

Bank Owned Homes for Sale report in Las Vegas, Henderson and North Las VegasAs of 01/16/2013 - The number of Bank Owned Homes for Sale on the Las Vegas Multiple Listing Service is a whopping 546. This includes all of Las Vegas... Summerlin, North Las Vegas, Henderson, Green Valley and Lake Las Vegas. Single Family Homes, Condos, Townhomes, High Rise Condominiums..

Pop on over to my Bank Owned Homes for sale in Las Vegas page where I've been tracking the Bank Owned inventory for sale since May of 2007 (scroll all the way to the bottom of the page) to see what has taken place since then. 

May of 2007 - 589 Bank Owned Homes for Sale

January of 2009 - 7,750 Bank Owned Properties for Sale is the highest number I've reported and down to 546 as of today.

Bank Owned Properties for Sale by…