Items Tagged with 'Jason Allnutt'


An alternative perspective on neighborhood stabilization

Go beyond traditional retail disposition
When the U.S. real estate market collapsed in 2007, it not only triggered a recession and stock market crash, but it also sent nearly 9.3 million American homeowners into foreclosure. While in many respects the worst is now behind us, the reality is that the problem persists, with more than 930,000 properties currently in foreclosure or REO nationwide.
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Executive Conversation: Jason Allnutt on moving beyond distressed assets launches Ten-X Homes retail platform
Our new Ten-X Homes platform will offer our clients the opportunity to sell using online auctions or, for the first time, use a more traditional non-auction option. We felt like the market was ready for this — over 90% of home purchases today include the use of online services like Zillow and, and a large percentage of the people who register for our online auctions identify themselves as owner occupants.
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REDC Taps Fannie Veteran for Default Solutions Division

Foreclosed real estate auctioneer REDC tapped Fannie Mae [stock FNM][/stock] veteran Chip Hidinger to head up its new default solutions division as senior vice president. Hidinger brings more than 16 years of default industry experience including a post at Fannie, where he managed a substantial portion of a servicing portfolio there and all active servicers. He also helped pioneer paperless modifications and the servicing lender initiatives that brought the Home Saver Advance program to the industry.
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