The HousingWire reported that FDIC warned its insured institutions to maintain real estate it owns. I thought I would take a look and see if Countrywide HL's REO appear to comply with the FDIC warning and regulations. They do comply!!
A bunch of properties were clustered in the Manassas, VA. The 10 properties I saw have more than acceptable curb appeal. The photo is the worst case I found. It is not so bad. In fact it appears that they are working to improve the appeal of the property shown.
It would be great readers emailed ( mortgageinfo at cbmiweb.com ) photos telling us the city/town and the institution that owns the property. If sufficient proof of ownership is provided along with a photo, we will post it here.
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