Social systems

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Freddie Mac Touts New Vista REO Partnership

Jun 02, 2008By

Clearly, Jim Park and Gary Acosta’s idea to start an REO outsourcer that utilized a minority-led broker network and worked with non-profit counseling agencies was a good idea. Perhaps even better than just good. It might even be time to classify the idea to form New Vista Asset Management as a home run by the standards of the REO management industry. After all, name one other outsourcer that can count Countrywide, Fannie and Freddie among its customer base, within just two years of starting up?