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Real Estate & Property Law

: Housing Wire

Industry Vets Launch New Default, REO Vendor

By PAUL JACKSON

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Industry veterans from Saxon Mortgage Services, now a unit of New York-based Morgan Stanley (MS: 23.8982 +2.52%), and Fannie Mae (FNM: 0.6937 +0.54%) have formed a new REO outsourcer and default services provider, partnering with a Houston-based bank to take a distinct tack on the default business. Fort Worth, Tex.-based Canvas Realty Partners, an REO brokerage, [...]

Full post as published by Housing Wire on April 07, 2009 (boomark / email).

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