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Williams & Williams Welcomes New Executives

Williams & Williams, a real estate auction and collateral risk management company, announced executive changes within the Default Sales Division. The move is “intended to give greater autonomy and more control to sales executives to provide superior customer-focused solutions and services to the company’s institutional clients,” the release said.

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Top Mortgage and Housing Execs Engage to Promote Progress

Industry leaders gathered in Las Colinas, Texas, Thursday for the Five Star Institute's 2013 REO and Short Sale Executive Summit to discuss issues and market conditions impacting the distressed asset space. A number of the nation's leading financial institutions and government agencies were represented at the event designed to facilitate open dialogue and collaboration for developing solutions to today's most pressing REO and short sale challenges.

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Williams and Williams to Host Investor-Only Auction in March

Real estate auction company Williams & Williams announced it is hosting an investor-only auction event for bank-owned properties not yet on the market. The ""First Look Investor-only Auction Event"" provides an opportunity for pre-market purchases to experienced investors.

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Williams, Williams & McKissick Promotes Two Key Executives

Williams, Williams & McKissick (WWM), parent company of Williams & Williams Worldwide Real Estate Auction, Auction Network, and Williams Merchant Group, has promoted Amy Bates and Rob Bridges to chief marketing officer and SVP of operations, respectively. According to a statement from the company, these newly created positions were developed to coincide with WWM's recent formation and will further its goal of providing more technologically advanced methods for live real estate auctions.

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Banks Prepare to Shed Nonperformers as Year-End Nears

With the dawning of a new year comes the sense of starting fresh and leaving the previous year's baggage behind. A number of mortgage lenders are applying this same adage to their loan portfolios as the close of 2010 nears, and selling off blocks of nonperforming mortgage assets to clean up their balance sheets for a new year of business. It's a common trend for banks to get their house in order during the fourth quarter of a fiscal year, but this year, it seems there's a larger pool of eager buyers for soured real estate assets.

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