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His friend Doug Tallman discovered the NOS kit (still in its original REO packaging) when the two collectors were looking for a tire for Doug's Shaw tractor at a swap meet.
that the "true intent" of the Worcester REO is "to limit competition from non-unionized contractors.
NFHA said in its April 10 release that in the coming days it intended to file another discrimination complaint with HUD against "another major bank" as a result of the REO investigation.
In weak markets, lenders may be better served by not taking properties into REO in the first place, or minimizing the time properties spend in REO by donating them to land banks (see "How Modem Land Banking Can Be Used to Solve REO Acquisition Problems" in the Recommended Reading).
A standardized residential REO appraisal requires a Supplemental Real Estate Owned Appraisal Addendum along with the property-specific form, such as Fannie Mac Form 1004, Uniform Residential Appraisal Report (URAR); Form 1075, Individual Condominium Unit Appraisal Report; Form 1075, Exterior-Only Inspection Individual Condominium Unit Appraisal Report; and Form 1025, Small Residential Income Property Appraisal Report.
In 1954, the REO Mower division was sold to Motor Wheel Corp.
Because Worcester's REO has been in the news only sporadically, there seems to be some confusion over what is at issue here.
This structure recognizes that the choice of broker, like other REO decisions, is best made on a neighborhood-by-neighborhood, property-by-proper I y basis.
The drilling also intersected REO mineralisation in the fresh carbonatite beneath the weathered profile, which is significant in terms of additional tonnage potential.
These projections show that even with fairly benign assumptions about the likely flow of loans into serious delinquency, and under various plausible assumptions about how the foreclosure and pre-foreclosure processes might change, the stock of REO properties is likely to remain elevated for the next several years.