‘Stalking Horse’ Bid Approved on TBW REO

Posted by mortgagebroker in Mortgages, ... | 12.06.2009 - 5:59 am

The bankruptcy court overseeing the liquidation of mortgage lender Taylor Bean & Whitaker has approved a “stalking horse” bid on the nonbank’s real estate-owned portfolio which includes almost 2,000 properties, according to a memo obtained by National Mortgage News.


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