Sometimes I break out of my bpo grind and actually think about things that are happening in Real Estate, sometimes. Last week I had 6, count them 6 int's on Chase properties that were all for the purpose of a Deed in lieu, two were estates, four were owner occ, under water single family homes. Here's my question. What is Chase going to do with them? Do they have them sold already? Do they have a franchise geared to market them? Was this just a coincidence?

They probably already have them assigned to an agent to sell.

Mike,
Chase just started there own REO division.... I think its because IAS is going under or the reason they are....

Is IAS going under? They owe me quite a bit in reimbursements and bpo's. Is your info pretty reliable?

Do we have any idea who will be doing the Chase BPOs if IAS goes under?

Dont quote me but from what I have heard there is a sponsor on this forum that is already doing quite a few of them

Chase works with multiple multiple BPO and AMC companies, also they do some agent direct.

They have always had an REO department, they didn't just start one. Although they have restructured with the mergers/aquisition of WAMU EMC etc. the last couple years and there are several Chase REO offices around the country now.

They do not have all their eggs in 1 basket with IAS.

They treat a DIL same as an REO it gets assigned to an AMC who assigns to an agent.