James Macchio has spent the past 13 years in real estate as well as 11 years in managing REO assets in CT, MA and RI as an Elite REO Network Member. He has closed almost 2,500 transactions between 2010 to 2016. He and his team have worked with 50 REO banks and have managed, preserved and sold REO properties for all clients the way THE CLIENT wants it done. James has also been able to provide great customer service for customers who are interested in purchasing these homes, and other more traditional homes by putting together a buyer agent team that will be available to help with the process of buying a home. The end result for James and his team is to turn properties that may be distressed back into living and breathing homes again, improving neighborhoods, one at a time. About James Macchio: James Macchio has spent the past 13 years in real estate as well as 11 years in managing REO assets in CT, MA and RI as an Elite REO Network Member. He has closed almost 2,500 transactions between 2010 to 2016.
He and his team have worked with 50 REO banks and have managed, preserved and sold REO properties for all clients the way THE CLIENT wants it done. James has also been able to provide great customer service for customers who are interested in purchasing these homes, and other more traditional homes by putting together a buyer agent team that will be available to help with the process of buying a home. The end result for James and his team is to turn properties that may be distressed back into living and breathing homes again, improving neighborhoods, one at a time. Active Listings No current listings. Past Sales No sales history on Zillow.
Reo Profile For Mac
FHFA Values Respect We strive to act with respect for each other, share information and resources, work together in teams, and collaborate to solve problems. Excellence We aspire to excel in every aspect of our work and to seek better ways to accomplish our mission and goals. Integrity We are committed to the highest ethical and professional standards to inspire trust and confidence in our work. Diversity We seek to promote diversity in our employment and business practices and those of our regulated entities. .
Reo Profile For Macy's
Fannie Mae and Freddie Mac Fannie Mae and Freddie Mac were created by Congress. They perform an important role in the nation’s housing finance system – to provide liquidity, stability and affordability to the mortgage market. They provide liquidity (ready access to funds on reasonable terms) to the thousands of banks, savings and loans, and mortgage companies that make loans to finance housing. Fannie Mae and Freddie Mac buy mortgages from lenders and either hold these mortgages in their portfolios or package the loans into mortgage-backed securities (MBS) that may be sold. Lenders use the cash raised by selling mortgages to the Enterprises to engage in further lending. The Enterprises’ purchases help ensure that individuals and families that buy homes and investors that purchase apartment buildings and other multifamily dwellings have a continuous, stable supply of mortgage money.
By packaging mortgages into MBS and guaranteeing the timely payment of principal and interest on the underlying mortgages, Fannie Mae and Freddie Mac attract to the secondary mortgage market investors who might not otherwise invest in mortgages, thereby expanding the pool of funds available for housing. That makes the secondary mortgage market more liquid and helps lower the interest rates paid by homeowners and other mortgage borrowers. Fannie Mae and Freddie Mac also can help stabilize mortgage markets and protect housing during extraordinary periods when stress or turmoil in the broader financial system threaten the economy. The Enterprises’ support for mortgage lending that finances affordable housing reduces the cost of such borrowing. Fannie Mae was first chartered by the U.S.
Government in 1938 to help ensure a reliable and affordable supply of mortgage funds throughout the country. Today it is a shareholder-owned company that operates under a congressional charter. Freddie Mac was chartered by Congress in 1970 as a private company to likewise help ensure a reliable and affordable supply of mortgage funds throughout the country.
Today is a shareholder-owned company that operates under a congressional charter.