Total Asking Price: $1,944,667,063
(As of July 17, 2007)
Source: http://www.countrywide.com/purchase/f_reo.asp
Click on state below for detailed listings.
State | Count | Total Asking Price($) | Average Asking Price($) |
AK | 12 | 2,378,800 | 198,233 |
AL | 108 | 11,070,400 | 102,504 |
AR | 34 | 4,294,700 | 126,315 |
AZ | 235 | 65,170,500 | 277,321 |
CA | 1978 | 751,132,550 | 379,743 |
CO | 180 | 33,049,200 | 183,607 |
CT | 59 | 13,812,200 | 234,105 |
DC | 12 | 4,376,800 | 364,733 |
DE | 7 | 1,111,300 | 158,757 |
FL | 496 | 125,959,900 | 253,951 |
GA | 566 | 76,140,800 | 134,524 |
HI | 9 | 4,558,100 | 506,456 |
IA | 39 | 3,077,500 | 78,910 |
ID | 5 | 2,029,500 | 405,900 |
IL | 370 | 63,700,300 | 172,163 |
IN | 278 | 16,496,500 | 59,340 |
KS | 58 | 5,870,200 | 101,210 |
KY | 60 | 5,515,605 | 91,927 |
LA | 43 | 4,532,700 | 105,412 |
MA | 278 | 64,044,500 | 230,376 |
MD | 93 | 28,465,800 | 306,084 |
ME | 6 | 767,400 | 127,900 |
MI | 1513 | 115,351,063 | 76,240 |
MN | 341 | 59,075,400 | 173,242 |
MO | 299 | 30,820,795 | 103,080 |
MS | 94 | 7,775,600 | 82,719 |
MT | 1 | 59,900 | 59,900 |
NC | 146 | 15,643,900 | 107,150 |
ND | 3 | 94,700 | 31,567 |
NE | 35 | 3,090,600 | 88,303 |
NH | 60 | 13,803,800 | 230,063 |
NJ | 64 | 17,715,300 | 276,802 |
NM | 12 | 1,802,555 | 150,213 |
NV | 324 | 108,862,400 | 335,995 |
NY | 98 | 18,156,300 | 185,268 |
OH | 623 | 37,850,440 | 60,755 |
OK | 65 | 4,767,100 | 73,340 |
OR | 12 | 4,123,800 | 343,650 |
PA | 124 | 11,501,800 | 92,756 |
RI | 41 | 8,389,400 | 204,620 |
SC | 39 | 4,691,700 | 120,300 |
SD | 6 | 873,400 | 145,567 |
TN | 170 | 18,631,255 | 109,596 |
TX | 521 | 77,395,900 | 148,553 |
UT | 4 | 1,307,600 | 326,900 |
VA | 220 | 74,949,700 | 340,680 |
WA | 34 | 8,821,400 | 259,453 |
WI | 68 | 8,356,000 | 122,882 |
WV | 18 | 2,904,200 | 161,344 |
WY | 2 | 295,800 | 147,900 |
Total | 9,863 | 1,944,667,063 | 183,166 |
2 comments:
The increases in California and Florida are shocking. That is also where the most fraud occurred on the highest prices. Lenders might be taking 40% losses on those foreclosures.
Dear Countrywide Shareholder and interested parties.
A direct offer was made last Thursday to assist Countrywide in eliminating their existing REO's. The offer would have provided a Billion in cash recovery, however, a first vice president at Countrywide, Ivan Choi, who is their senior REO decision maker, did not believe the offer was in the best interest of Countrywide.
I don't understand how this cash offer could get refused. ... A fresh injection of cash into the company would be a blessing to Countrywide shareholders producing P&L recovery. Many of these homes would then be sold in the market at lower price points for families to afford.
I was hoping your blog could be sent to both Countrywide shareholders and other public media venues to awaken the Oh mighty Countrywide senior management staff.
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