If you want to stay in the know of what’s going on in the REO business, then you should be keeping an eye on the following websites, and REO information sources:
#1) http://mortgageservicingnews.com/ for daily email updates and the paper subscription. This is the BEST source of what going on with the Lenders/Servicers/Outsourcers. It gives the lastest in what’s what, who’s where, and what portfolies got sold or transferred to which other LSO.
#2) http://www.managingreo.com/ for daily updates and monthly eMagazine. Good for learning the how to’s.
#3) http://www.dsnews.com/cat/reo Another good source of REO info.
#4) http://thereoinsider.com/ New kid on the REO block. We shall see.
#5) http://www.agentsonline.net/forums/ubbthreads.php/forums/8/1/BPO_REO_Foreclosures.html this place has the dirt on all the LSO’s and AM’s. Who’s paying for BPO’s and who not.
#6) http://www.inman.com/ This site has good general real estate news.
#7) http://online.wsj.com/public/page/news-real-estate-homes.html Gives good US real estate market news adn updates.
#8) http://www.ft.com/personal-finance/property
#9) http://www.fdic.gov/bank/individual/failed/banklist.html This site tells you who failed and who’s going to assume the loans.
#10) http://bankimplode.com/ This site tells you which banks are floundering before they fail.
I really appreciate what you are doing here the ideas are great, now I just need to do all this.