Accredited REO Agent Certification - A-REO certified

Just passed my course for Accredited REO certification through REO Training Solutions. REO Training solutions Accredited REO program is 4 classes totalling 15 hours of Education on the REO Industry. Companies like Old Republic Title and Long & Foster require agents be A-REO Accredited Agents (certified) in order to be part of their network of approved brokers.

Courses Include:

• REO 101,
• The Broker's Guide to Creating Accurate and Detailed BPOs,
• Marketing REO Properties to Sell,
• Building a Successful REO Business
• My team and I currently service, Sacramento, Yolo, Placer, Eldorado, and Solano Counties.
• A-REO - Agent in Northern California(CA)
• A*REO

Other Certifications:

• RDCPro - REO Default Certified Professional - Default School
• NFSTI Certified REO Specialist - National Foreclosure Sales Training Institute
• REO Masters Network - http://www.reomastersnetwork.com/index.php?option=com_comprofiler&task=userProfile&user=127&Itemid=56

Big Jump in Foreclosure Filings

Foreclosure Crisis Hits Again

According to a recent report from RealtyTrac, the number of foreclosure filings rose 6 percent during February after falling 10 percent in January. And just when you didn't think it cold get worse, more than 74,000 homes were lost to bank repossessions during the month, up from 67,000 in January. Nearly 1.2 million have been lost since the foreclosure crisis hit in August 2007.

Number of Foreclosure Filings

The number of foreclosure filings rose 6% during the month after falling 10% in January. Worse, filings leaped nearly 30% compared with February 2008. And the results confounded expectations: A downtrend had been expected due to the numerous foreclosure moratoriums in effect during the month.

"We were very surprised," said RealtyTrac spokesman Rick Sharga. "The moratorium were led by big players like Fannie and Freddie and all the major banks. It was supposed to cover the whole waterfront. The fact that foreclosures still went up was a shock."

The reason so many people lose their homes once they are in default is partially attributed to the severe home price drops recorded in many of the worst-hit areas. When borrowers are severely underwater, owing more than their homes are worth, it removes an incentive to keep up with mortgage payments. Some simply walk away.

By CNNMoney

Seeking The Help Of A REO Broker

With the current recession and real estate downturn and the rising amount of foreclosures, some REO real estate companies are making a lot of money from other companies that are purchasing real estate like crazy. These companies often seek the help of a REO Broker to make sure their homes stay in good shape and don't lose their value. There are a variety of REO asset managment companies available to assist you with managing your real estate assets. Some of them offer just maintenance services while others offer a offer a wider range of Real Estate Asset Management Servicing Solutions dealing with everything involved in managing your assets.

REO Real Estate Asset Management

Managing Multiple REO Real Estate Properties

Aquiring or purchasing real estate properties can entail large amount of cash . And although it may be easy to manage one or two real estate properties, managing multiple real estate properties can become very tedious and time consuming. For this reason, many people and companies turn to a profession REO real estate asset management brokerage as a way to handle all of their real estate assets.

With the the current economic landscape in flux, it's become even more and more difficult to handle the amount of REO real estate assets. REO real estate asset management not only handles one's real estate assets, but they can also be an excellent source of vital information regarding REO real estate properties and the potential of these properties to earn higher returns.

Hire A REO Asset Management Team

At Innovative Foreclosure Services, we offer a centralized team approach to handle all the diverse duties that an REO broker needs to perform. By having team members specialize in particular areas, we are better suited to offer a wider range of Real Estate Asset Management Servicing Solutions. Our specialized approach allows us to meet the needs of a diversified clientele.

This includes ... servicers, sub-servicers, banks, Asset Managers, Lenders, Hardmoney Lenders, Investment Pools, and Bulk REO Buyers / Sellers.

We manage your assets from a servicer's perspective to ensure cost-efficient and expeditious processing. Emergency Services, Rush BPO, Back-up BPO, property inspection, or whatever other default need you may have, we are your one-stop REO Mamagment shop.

We are a customer-oriented organization that manages and markets real estate owned properties in the most efficient and precise manner. Innovative Foreclosure Services stands ready to simplify the process of disposition of your REO properties and protect your assets.

Follow this link to more about our REO Asset Management Services. Give us an opportunity to show you what we can do!

Scott Olson, REO Broker of Choice
Innovative Foreclosure Services
Toll Free: (800) 898-8507
Phone:(916) 972-1179

Credit Unions & Banks We Work With

We offer Real Estate Asset Management Services to Credit Unions, Banks and Mortgage Companies. We are interested in talking with portfolio and asset manager from any of the following orgainzations:

Who We May Work With:

• Aames Capital Corp
• Abacus Federal Savings bank
• Aetna Real Estate Investments
• Alaska Southern
• Alliance Bank
• Alliance Funding Co.
• Amalgamated Bank
• Amboy NB
• American General Finance
• American Holdings
• Ameriquest Mortgage
• Amresco, Inc.
• Amsouth Bank-Residential
• APCOM
• Asia Bank
• Associates Home Equities
• AStoria Federal S&L Assoc.
• Atlantic Mortgage & Investment
• Baltic Realty/MetroWest Bank
• Banc One trust Co.
• Banc One, Dallas
• Banco Popular de Puerto Rico
• Bank Atlantic
• Bank of America
• Bank of America, Agricultural
• Bank of America-Marketing List
• Bank of Hawaii
• Bank of New York
• Bank of the Commonwealth
• Bank of the Hudson
• Bank One
• BankAtlantic FSB-Comm
• Bankers Trust Co.
• Bankers Trust Co. of California
• BEAL BANK SSB
• Beneficial Mortgage Co.
• Boston Federal Savings Bank
• Boston Safe Deposit
• Bridge City SB
• Brooklyn Federal Savings Bank
• California Fed Bank-Comm
• California Federal Bank
• California Korea Bank
• Carolina First Bank
• Carver Federal Savings
• Cathay Bank
• Central Carolina B&T
• Central Funding Co.
• Century Bank
• CFS Bank-Columbia Federal Savings
• Chase Manhattan Bank
• CIGNA-Ct General Life Ins. Co.
• Citibank N.A.
• Citibank RE/Citicorp-Comrcl.
• Citibank Federal Bank
• CITIZENS NB
• City National Bank
• Coldwell Banker
• Colonial Savings/Ft. Worth Mtg
• Columbia Federal Savings
• Comerica Bank
• Commercial Credit Corp.
• Community Savings, N. Palm Beach
• Compass Bank
• Conning ASset Mgt. Co.
• Contimortgage Corp.
• Countrywide Funding Corp.
• Countrywide Home Loan
• Crestar Mortgage Corp.
• Crossland Mortgage Co.
• Crown Life Insurance Co.
• Dale Mortgage Bankers
• Debcon Financial Services
• Dime Savings Bank of New York
• Dovenmuehle Mortgage
• DOWNEY S&L ASSOCIATION
• EMC Mortgage Corp.
• Emigrant SAvings Bank
• Englewood Bank
• Epire Factors, Inc.
• Equitable Life Assurance
• European American Bank
• Fairfield Financial
• Family Savings Bank
• Farm Credit Bank of Texas
• Farmers & Merchants NB
• FDIC-Field Ops Branch-Dallas
• FDIC-Northeast Service Center
• FDIC-Western Service Center
• Federal Deposit Insurance
• Federal Home Loan Mortgage
• Federal National Mortgage
• FGH Realty Credit Corp.
• FHLMC
• FHLMC-Multi-Family
• Fidelity Federal Bank
• Fidelity Federal Savings Bank
• Fidelity Homestead Assoc.
• First American Bank
• First Bank National
• First Bank of FL (First Fed)
• First Central Bank
• First Commerce Bank
• First Commercial Mortgage
• First Fedrl Bank of California
• First Fidelity Thrift & Loan
• First Mortgage Companies
• First National Bank
• First Nationwide Mortgage
• First Pacific national Bank
• First Security Bank of Utah
• First Trust National
• First Union Mortgage
• First Union National
• First Union NB
• Firstrust Savings Bank
• Fleet Mortgage Corp.
• Fleet National Bank
• FNMA
• Ford Consumer Finance
• FREMONT INV & LOAN-Comm
• GE Capital Asset Mgt Corp.
• GE Capital Mortgage
• General Bank/GBC Realty
• Girard Savings
• Glendale Federal Bank
• Glendale FS&L-Resid. USA
• GMAC Mortgage Corp.
• Golden National Mortgage
• Greenport Savings Bank
• GSL Savings Bank
• Guardian Savings-Comm
• Harris Trust & Savings Bank
• Hemet Federal Savings
• HIGHLAND FED S&L ASSOC.
• Home Federal Savings
• Home Savings Bank of America
• Homeside Lending, Inc.
• Household Bank
• Household Finance (HFC)
• HUD-Worcester
• HUD-Boston
• HUD-Lowell
• HUD-Fitchburg
• HUD-Athol
• HUD-Leominster
• HUD-Woburn
• HUD-Haverhill
• HUD-Springfield
• HUD-Gardner
• Hypo Holdings, Inc.
• IAG Federal Credit Union
• IMC Mortgage Bank
• Independence Savings
• Inland Empire National Bank
• Irwin Mortgage Corp.
• LaSalle Bank, FSB
• LaSalle National Bank
• Laughlin National Bank
• Leehman Capital
• Liberty Savings Bank
• Lochaven Federal S&L Assoc.
• Long Island Savings Bank
• M&T Mortgage Corp.
• Magna Mortgage
• Marathon Oil Company
• Marine Midland Bank
• Marine Midland Bank, Mortgage
• Marine Midland mortgage
• Marquette Savings Bank
• Maspeth Federal Savings Bank
• Mellon Mortgage Company
• Mercantile Bank
• Mercantile Mortgage
• Merchants Bank
• Midfirst Bank
• Mid-State Bank
• Midwest Savings Bank
• National Standard Mortgage
• Nationsbanc Mortgage
• NationsBank South National
• NationsBank, Southeast Reg.
• New York State Mortgage
• North American Mortgage
• North County Bank
• North Fork Bank
• North Valley Bank
• Northwest Community Bank
• Norwest Bank
• Norwest Bank of Minnesota
• Norwest Bank of New Mexico
• Norwest Mortgage, Inc.
• OCWEN Federal Bank
• Oswego County Savings Bank
• Palmetto Federal Svngs Bank
• Pawling Savings Bank
• People's Bank
• PFF Bank & Trust
• PG&E
• PNC Mortgage Corp.
• PNC Realty Holding Corp.
• PNC Realty Holding-Residntl
• Prism Properties, Inc.
• Providian Savings Bank
• Providian National Bank
• Queens County Savings
• Regions Bank
• Reliance Federal Svngs Bank
• Repo Properties/Swing Loans
• Republic Bank
• Republic National Bank
• Residential First, Inc.
• Resolution Trust Corp.
• Resource Bancshares Mortgage
• Retained Realty (Emigrant)
• Richmond County Savings
• Riggs NB of Washington, D.C.
• Riverside National Bank
• Roosevelt Savings Bank
• Rural Econ&Comm Dev-House/CO
• Santa Monica Bank
• Seafirst Bank
• Security National Services
• Security Pacific National
• Small Business Admin-DC Office
• South Side NB
• Southern Pacific Bank
• SouthTrust Bank
• SouthTrust Bank of SW Florida
• Spencer Savings Bank
• State of New York Mortgage
• State Street Bank & Trust
• Sumitomo Bank & Trust
• Summit Bank
• SunTrust Bank Central Florida
• TCF Bank Savings
• TERRA Commercial
• Three Rivers B & T Co.
• TMS Mortgage, Inc.
• Troy Savings Bank
• Trustmark NB
• U.S. Trust Co.
• Union Bank
• Union Federal Savings Bank
• Union Planters Bank
• Union Planters National
• United Companies Lending
• United Cooperative Bank
• USTrust
• V&D Realty USA Corp.
• VA-New Hampshire
• Wall Street Mortgage
• Washington Mutual SB/Resid REO
• Webster Bank
• Wells Fargo Bank, N.A.-Resid
• Wells Fargo-Comm
• Willshire Funding Corp.
• Woodsville Guarantee Savings
• World Saving & Loan
• World S & L-Multi Family
• World Savings & Loan
• Yasuda Bank and Trust

Contact Innovative Foreclosure Services anytime with confidence. Explore our many REO Asset Management Services and call or email us for a confidential, no-obligation consultation.

Office Headquarters
2245 Parktowne Circle #3
Sacramento, CA 95825

Phone:(916) 972-1179
Toll Free: (800) 898-8507
Fax: (866) 871-1507

Contact us today!