TIP: Type in “REO OUTSOURCERS” in the SEARCH REO BANKS box to the right to locate REO OUTSOURCERS, courtesy of Google Custom Search –>
FLAGSTAR REO OUTSOURCED
Flagstar Bank is a full-service financial company. Flagstar has REOs in several states across the U.S. They are not a big REO company. You might get a few REOs a year. But, something is better than nothing. You can see a list of REO properties by Flagstar and what states they service HERE.
Flagstar outsources their REO properties to several Outsource Companies. The one I deal with is CoreLogic.
We just received a new REO this week in Sonora. CoreLogic is easy to work with. I have worked with them since 2008. They have a friendly staff and their reimbursement system is second to none. They utilize iClear for billing. We always get reimbursed. I know CoreLogic says they are not currently adding agents to their panel. But you can still sign up. Many REO agents are dropping REOs completely, which opens up opportunity for new agents. You can still sign up to CoreLogic and be added to their waiting list. To learn how to be added, CLICK HERE. [The next page is for Poncie Network Agents only. To request a password, enter your email in the “Subscribe Here” box in the upper left corner. There is no charge. It’s free for realtors and always will be.]
Although the REO world has shrunk, many of our network friends continue to do REO business. Many of them are getting REOs thru Outsourcers. Check out the VIDEO below for more details: