Foreclosure Industry

    Opportunist or Opportunity?


    It never ceases to amaze me in any market the opportunist that surface,
    sort of like buzzards on road kill.

    Every day there is a new company that tries to stake a claim in the REO
    training circuit. Its time I take a stand against the opportunist and help
    others identify the difference.

    Ask yourself is the opportunity for you or are you the opportunity for the
    so called "REO trainer or REO organization"?

    Wilshire REO Department Closes

    IBM’s clients are going to be managing and marketing their own REO. All current Wilshire REO will service transfer by March 1, with the majority migrating to Bank of America to be managed by Integrated Asset Services. 

    Brokers with active listings will receive a notice approximately two weeks prior to the transfer.  Wilshire anticipates little disruption as they plan to continue the listings with the current listing agents.   

    Wilshire REO Department will close March 1, 2010. They will be missed by many REO agents that had the privilege of working with them.