Anyone with Fannie REO Experience?

[Sam]

Did anyone here use to be a Fannie Direct REO, and have to fill out BOP forms? Please let me know, I have a few questions to ask.

 

[mattklye]

I have filled out my fair share of them.

What do you want to know

I also think that you mean BPO not BOP. (broker priced opinion)

But who cares.

I am the owner of Pacific One Lending and Real Estate
Also own Value One Insurance Agency

Located in Huntington Beach CA

 

[Flyairman]

I've also done a few of these but will Matt take over. I'm no longer in the mortgage industry and he obviously still is so I'm sure he can get you taken care of.

 

[BoomBoom1968]

Matt - I'm currently a mortgage broker in NJ. I left the business for 8 months and got my series 7,66 and life & health with Merrill Lynch. I went back in the mortgage business and I am looking to do life and annuities part time until I get "up and running". I wouldn't be able to survive solely on
commission of my life/annuity so I am still doing mortgages to pay the bills. I'd like to eventually go full time into life/annuities for the residual income. Interest rates won't stay this low forever and the refi business will surely dry up. Any advice on where I can hang my licenses with no minimum production requirements until I can be self sufficient enough to leave the mortgage industry?