{"id":3642,"date":"2012-09-19T12:24:12","date_gmt":"2012-09-19T12:24:12","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=3642"},"modified":"2012-09-19T12:24:12","modified_gmt":"2012-09-19T12:24:12","slug":"reo-sales-fannie-takes-bigger-grip-over-them","status":"publish","type":"post","link":"http:\/\/www.anthonydidonato.net\/wordpress\/reo-sales-fannie-takes-bigger-grip-over-them\/","title":{"rendered":"REO Sales – Fannie Takes Bigger Grip Over them."},"content":{"rendered":"

REO Sales – Fannie Takes Bigger Grip Over them.<\/h2>\n
\"REO<\/a>

REO Sales – Fannie Takes Bigger Grip Over them.<\/p><\/div>\n

Fannie Mae announced that it will no longer be using third-party management vendors and sales teams to help manage its REO<\/strong> properties. The mortgage giant will now be handling the management of its REO<\/em> inventories through its in-house staff.<\/p>\n

“We have reduced\u00a0our REO<\/span> inventory from 162,489 properties at the start of 2011 to 109,266 as of June 30, 2012,” Fannie Mae officials told HousingWire in an e-mail.\u00a0“With a reduced inventory of properties, Fannie Mae’s in-house teams now have sufficient capacity to manage our REO properties without the assistance of third party\u00a0asset management providers.”<\/p>\n

However, Fannie announced it will continue to use real estate professionals to market the properties.<\/p>\n

“Fannie\u00a0Mae’s\u00a0goal is to help neighborhoods recover by selling as many properties as possible to owner occupants at competitive prices,” Fannie told HousingWire.<\/p>\n

Source: \u201cFannie Mae Moving REO Management In-House<\/a>,\u201d HousingWire (Sept. 17, 2012)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

REO Sales – Fannie Takes Bigger Grip Over them. Fannie Mae announced that it will no longer be using third-party management vendors and sales teams to help manage its REO properties. The mortgage giant will now be handling the management of its REO inventories through its in-house staff. “We have reduced\u00a0our REO inventory from 162,489 … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-3642","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nREO Sales - Fannie Takes Bigger Grip Over them. - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"description\" content=\"REO Sales - Fannie Takes Bigger Grip Over them. 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