Every year seems to have a different recipe for success in the past decade.  This is, no doubt, due to the rapidly changing market which has been affected by:  Global finance trends, stock market trends, unemployment changes, interest rates, and plenty of other variables.  What you’ll read in this article should help you round up as much business in the default servicing arena as possible through 2012.

Get on board FAST because the holiday months come sooner than we ever expect!

Now, that being said, let’s get into the nitty gritty:

• It’s all about investors this year.  Banks are all heating up for investor capital since there isn’t a lot of new money or refinances in this market.
• Get the CIAS certification through www.CIAS.com.  It’s a spin-off from CDPE, a proven market leader in real estate business development.
• Dig into your investment pool.  Get in touch with investors, and if you don’t know any investors, start mingling at local Real Estate Investor groups.
• Register with Fannie Mae.  As stated in a previous article, Fannie Mae will have the majority of housing inventory so you need to spend the necessary time to sign up.  (see previous article:  http://nfsti.com/how-to-become-a-fannie-mae-reo-agent/)
• Credit Risk Management:   Get familiar with this term.  Many banks are ordering THOUSANDS of paid-for BPO’s to determine the risk of portfolios (especially with the recent VA loan fraud scandal that is being settled, but still under investigation – Full Article)

Don’t waste your time this year.  Focus on Investors, CIAS, and BPO’s.  Let your REO listings be gravy and prepare for more listing opportunities in 2013 and 2014 when consumer credit and consumer confidence is on the rise.

Nationstar Mortgage is here to help you be more successful.  (A snippet taken from the Nationstar website for Real Estate Professionals)

“You need to partner with a respected national lender specializing in REO financing You need Nationstar Mortgage.

Our dedicated REO Finance teams are comprised of experienced loan officers, processors, underwriters and closers dedicated to the REO Financing process who are trained to identify issues before they become roadblocks. We specialize in working with all types of buyers, especially first time home buyers.

As both a national lender and servicer of over 400,000 accounts totaling over $70 billion, Nationstar Mortgage is uniquely qualified to support REO financing. We partner with thousands of realtors to list, sell and finance our own REO properties. We understand the importance that financing plays in selling REO properties as quickly as possible.

Bottom Line: Nationstar Mortgage has the strength, talent, programs and tools to help both you and your customers!

Nationstar HomePath Realtor Tools

Nationstar Mortgage understands how important HomePath financing is to your business and we’re here to help you be even more successful. Use these flyers to refer potential buyers to Natiosntar Mortgage to help control dead-end offers and move your HomePath listing quickly.

We also service over 400,000 accounts nationally totaling over $70 billion.

Want to become an approved listing agent for our REO properties?”

LINK DIRECTLY TO THE NATIONSTAR REO LISTING PAGE

$25 June Special!

FREE TO PREMIUM & EXPERT MEMBERS!

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