Bank Owned Foreclosure Property
Union Bank is a regional bank that is almost 150 years old. In July of 2014, Union Bank changed their name to MUFG Union Bank. The new Union Bank is now an international bank and a member of Mitsubishi UFJ Financial Group with assets of $2.5 trillion dollars. The companies headquarters are located in New […]
Homesearch.com may not be as well known as other real estate auction sites, but it’s a site where it’s possible to find a great bargain on a piece of property you may have never dreamed you could call your own. The site offers a multitude of properties including single family homes, condos, land, commercial properties, […]
Keystone Asset Management is an asset management company that works with mortgage servicers to manage their default loans through the foreclosure process. Keystone offers their bank clients key services including foreclosure processing for default mortgages, short sale management, eviction coordination, developing values for foreclosure homes and the listing and selling of these properties. Keystone also offers services to investors who purchase portfolios of repossessed homes and loans directly from banks. Read more about Keystone in this post.
PennyMac is a national originator and servicer of mortgage loans. PennyMac offers both traditional and non-traditional loan products to individual homeowners. PennyMac was founded in 2008 by a group of mortgage industry professionals. In addition to originating new mortgage loans, PennyMac purchases loans from banks and lenders. Often these mortgages are in trouble and PennyMac […]
Regions Bank utilizes local real estate brokers to assist in selling properties when they’re foreclosed. Regions services multiple markets across the southeast United States. Regions is generally in the top one or two lenders in the markets that it serves. Regions Bank lists properties on the local MLS system and makes them available for sale to potential buyers on the open real estate market. Read this article to learn more about where to find details on foreclosures owned by Regions Bank.
Bayview Loan Servicing is a national mortgage servicing company. When Bayview Loan Servicing forecloses on a property, they make it available on the open real estate market to interested buyers. Generally, this is done through a real estate listing broker that Bayview Loan Servicing utilizes to represent them. The listing agent lists the property in the local MLS system. In addition to the local MLS system, Bayview Loan Servicing maintains a public website of all their properties. You can learn more about the Bayview REO inventory by reading this article.
Keybank is a regional bank located in Cleveland, Ohio. Keybank has over 1,000 branches and locations in 14 states. When mortgagors default, Keybank forecloses on the property. KeyBank has a separate wholly-owned subsidiary that manages their foreclosed (known as OREO) properties. You can find the details of KeyBank foreclosures online. Read more here.
OneWest Bank (and the former Indy Mac Bank now owned by OneWest Bank) have a large inventory of foreclosed homes. OneWest Bank has a specific process as it relates to selling their foreclosures. You can find lists of the OneWest Bank foreclosures for free online.