Freddie and Fannie to open doors to new agents for REO listing assignments Two weeks ago, National Association of Realtors President Mr. Charles McMillan sat down and spoke with the CEO of Freddie Mac, John Koskinen and Fannie Mae's CEO, Herb Allison to discuss Realtors concern that Fannie and Freddie are not fairly disseminating REO listings. Both CEO's agreed that they would comply in broadening Realtor participation in assigning future REO Listings. Although the total REO inventory of Freddie and Fannie is not known, it is estimated to be 50% of all foreclosure inventories nationwide. The National Association will be posting how to take advantage of this historic opportunity in their "Washington Report" in the coming weeks. More details on the meeting can be found on NARs web site
This is a monumental development for Realtors that have been trying to break into the REO business. Mr. McMillan deserves a ton of credit for listening and acting on the concerns and welfare of the vast majority of his constituency. Are you ready to seize this opportunity? It is highly probable that new agents will be screened prior to receiving REO assignments. Agents that have not taken the time to educate themselves are likely to miss out on this once in a career opportunity. Nothing will prepare you better than the Certified Foreclosure Specialist Training by ForeclosureU. It will provide you the most comprehensive education available on REO’s, so you can hit the ground running. Additionally, we have just added a special addition to the "Certified Foreclosure Specialist Masters Course". In it, we detail the step by step process of how to apply for a new REO Agent/Broker position with Freddie Mac and Fannie Mae. Don't be unprepared or under informed! Seize this chance by maximizing your knowledge on the REO business with the CFS Masters Training and apply now to start receiving these bank owned property listings. Visit our web site, www.ForeclosureU.com, to learn more or call today (800-209-9502).
Foreclosure U <http://www.foreclosureu.com>
14165 James Road Suite 200
Rogers, MN 55374
800-209-9502 info@foreclosureu.com
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