I was told back on 07 that they will get REO on the following year (meaning 08) and nothing happen....I stop working for them, because I didn't have the time and I focus on my REO business, now my Broker advise to get back and I still thinking about it, supposedly to get Short sales listing.

You guys will be interestd in the attached link-shows Housing Wire article announcing titanium will do REO next year (date of article is NOV 30) google Housing Wire Titanium REO if you are unable to make this link work.


http://www.housingwire.com/2009/11/03/titanium-solutions-jumps-into-reo-space/

Now this is why I signed up with Titanium! Let the good times roll for 2010!

Now this is why I signed up with Titanium! Let the good times roll for 2010![/quote]

Have any of you doing work for Titanium been asked to join Excellen REO, their new REO division?

I have not been asked to join Excellen REO.

Not me either!

Titanium Holdings launched a new asset management company for real-estate owned (REO) property, Excellen REO.

They’ve been planning the launch since November when they hired Cary Sternberg as president of Excellen REO in November to begin recruiting asset managers for the potential 33,000 assets and to develop a network of as many as 1,200 REO agents, local eviction attorneys and property preservation companies…

Titanium Holdings is the parent company of Titanium Solutions, a loss-mitigation services provider. In September, Freddie Mac contracted Titanium Solutions to visit homes of delinquent borrowers and retrieve missing information and documentation necessary to enter the Home Affordable Modification Program (HAMP). Titanium Holdings

Under HAMP, the US Treasury Department allocates capped incentives to servicers for the modification of loans on the verge of foreclosure. Last week, the Federal Housing Finance Agency (FHFA) reported the two government-sponsored enterprises, Freddie Mac and Fannie Mae, completed 405,000 HAMP trials. It’s another sign of mortgage servicing companies trying to get in on both sides of the foreclosure pipeline. Now, if Titanium cannot hunt down a borrower for HAMP, its subsidiary, Excellen REO can sell the home after foreclosure.

“We have assembled a staff that leverages decades of experience in REO management and key business partners across the country,” Sternberg said. “Titanium Holdings has created a formidable reputation in the industry and I look forward to garnering that same level of trust for Excellen REO.”

Jon Prior

Anyone know how to get on their list. I'm in Maine.

I emailed Cary Stenberg and he said that their REO Cadre is being put together. They want HRC that have been doing business with them for a long time, but if they don't have agents in certain area, they may hire new agents.

I just hired titanium.... Hopefully Ill get some reos from them...

Looking for more REO work; I have not seen another post on here about Exellen REO, but a huge announcement was made on Friday.

Exellen REO is a sister company of Titanium Solutions and they are going to build their REO cadre of brokers by utilizing Home Retention Consultants that are licensed real estate agents, have performed well for Titanium Solutions and have loss mitigation, short sale and REO experience.

You need to be part of the Titanium Solutions HRC group, to be eligible to be considered for work as an REO broker for Excellen REO.

Here is where I had received my info from
http://www.housingwire.com/2009/11/03/titanium-solutions-jumps-into-reo-space/

Thanks for the info - but I see you can also pass a couple of courses and be eligible - nonetheless - good info.

I just received the Excellen REO Survey via email. Apparently this survey establishes eligability. No mention of courses.

I received and just completed. Lets see what happen. I will post any results.

Viachipset
Are you working with them for a long time? I started 2 years to work for them and nothing no listing no email yet, I'll appreciate your reply.

Thanks,

I got the survey, I have been with them for 1yr but I have never listed any REO's, I have closed a few from the buyers side.

Any suggestions?