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

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

Are you ready for 2012?

2011 has been an amazing year for real estate, politics, Wall Street, Main Street, and every bit of real estate.  NFSTI has become a virtual social networking environment for default servicing experts around the country and has a long history in the REO arena.  Since the subprime mortgage meltdown NFSTI has become a one-man operation.  I (Dan) enjoy keeping NFSTI operating because of all the REO history that I’ve had, the experiences of traveling around the country doing 2-day seminars, participating the REO expos and conventions, and the great people I’ve met along the way.

My commitment to you is that I will continue to manage and monitor the system, add fresh content as it arises, and assist members however I can with their NFSTI membership accounts.  I hope that you enjoy the content and take it for what it’s worth.  The material within the Member Groups (DS Core, SEO, Social Media Marketing, and others) comes from real-life experience, research, and trials.  The content is not only my experiences (which I later built an entire enterprise around that still thrives to this day), but also the expertise of many colleagues, friends, coworkers, and experts from throughout the industry.

As a reminder, many memberships will be updating in January, February, and March of 2012.  Many members will be automatically charged the annual fee of either $25 or $50, depending on your membership level.  If you do not intend to renew your membership, that’s OK.  Please visit your PayPal or credit card account and discontinue the automatic payment.  Otherwise, simply enjoy your holidays and know that NFSTI will continue to strive for excellence in serving our members.

I wish you a very Happy Holiday Season, a Happy New Year, and all the best to you and your families.

Sincerely,

Dan Waterman

REO Certification Courses for Summer 2011 are now underway.  Members can access the curriculum through their NFSTI account and complete all course requirements online at their convenience.  Certification is no additional cost** to members and has been updated for the current market changes.  With this certification agents can display the NFSTI Certification logo prominently on their websites and emails, add the certification to their bios and resumes, and be actively listed within the NFSTI search database.  All members must be updated each year to remain certified.

HOW TO BEGIN THE COURSE:

1. Either log in to your account or sign up for a new account on the www.nfsti.com home page.
2. Go to the DS Core Group Courseware (http://nfsti.com/groups/ds-core-reo-certification-2011/courseware/course).
3. Request to “Join Group” if not already done.
4. Check the “Assignments” section (http://nfsti.com/groups/ds-core-reo-certification-2011/courseware/assignments)
5. Go through the 3 assignments (Reading material, audio material, and exam).

COMPLETION OF EXAM

1. Members must score an 80% or better.
2. Open-book exam.
3. Re-take the exam as many times as needed.
4. First passing score is recorded.
5. System will automatically notify the proctor of your completion.  You will receive a verification of passing on NFSTI’s forum, and a non-passing score via private email.

*Please note that some members have received an erroneous message stating that they’ve already taken the exam upon completion.  Please disregard this message.

WHAT YOU GET

• NFSTI Certified REO Specialist Golden Feather logo (available for download on the www.nfsti.com home page).
• Nationally recognized designation:   “NFSTI Certified REO Specialist”
• Special promotion throughout the year.

**This applies to Premium and Expert Members only.  Basic membership does not include exam.  Basic Members can upgrade their membership and apply previous fees here:  http://nfsti.com/upgrade/.

Two of the nation’s largest REO asset holders are headed to REO Expo this June: don’t miss your chance to make a direct connection, and build your business.

We’re pleased to announce that both Fannie Mae and Freddie Mac will be attending and participating at this year’s REO Expo—beyond speaking on various panels and during general sessions at this year’s event, both companies are offering attendees unique ways to engage and learn more.

We invite you to make plans to join us at this year’s Expo, June 12-15 at the Fort Worth Convention Center!

Fannie Mae broker training

Sunday, June 12
1:30pm—4:30pm

Learn about important policies & procedures that apply to agents and brokers listing and selling Fannie Mae properties.

*This training is free of charge, and open to all; you do not need to register for REO Expo 2011 to attend. More information on how to register for this special free class will be announced shortly.

Fannie Mae update

Monday, June 13
3:30—5:00pm

Open all registered attendees, Fannie Mae representatives will be on hand for this special update. If you already work with Fannie Mae, learn what the GSE is expecting from its listing brokers; if not, learn what it takes to get involved with Fannie Mae and how you can grow your business while helping the nation’s real estate markets recover.

Freddie Mac/HomeSteps vendor network reception

Tuesday, June 14
3:30pm—5:30pm

Open to current vendors—including agents/brokers, attorneys, P&M firms, and others—this special reception is by invitation only.

Freddie Mac/HomeSteps exhibit booth

Monday, June 13—Tuesday, June 14
Open during exhibit hall hours

HomeSteps representatives will be available throughout the event to answer questions, and help you learn more about available opportunities.

Over the past four months, Bank of America has been intensely focused on making improvements, including:

• Enhancing the foreclosure process prior to resuming the bank’s foreclosure activities in December 2010.
• Redeploying more than 2,000 specialized sales and fulfillment associates to support default servicing. This is in addition to the hiring and training of 12,000 people over the past two years, resulting in a total of 30,000 helping customers in default.
• Greatly expanding case managers for customers during the modification process, including both HAMP and proprietary efforts. Already, case managers have been assigned to more than 350,000 customers.
• Doubling Bank of America’s outreach staff to assist more customers in their own local markets. Bank of America already has opened customer assistance centers in hard-hit communities; gone door-to-door to reach customers with modification offers, and held nearly 600 housing rescue fairs across the country.
• Expanding management capabilities aligned to the Home Loans business, including the most recent additions of former Saxon Mortgage President and CEO Anthony Meola as default servicing executive and Eric Telljohann, formerly chief financial officer for Bank of America’s Consumer and Small Business Bank, as credit loss mitigation executive.

Among his other responsibilities, Terry Laughlin will lead an aggressive borrower outreach program to include more than 400 housing rescue fairs in 2011 alone, build additional customer assistance centers in hard-hit communities and expand partnerships with nonprofits.

To capture the value of the industry-leading mortgage platform, Desoer will focus on the future of the Home Loans business, as well as the housing industry as a whole, leading Bank of America’s efforts on critical issues such as housing finance reform and the future of the GSEs.