Blue Realty GMAC Services HMFA

Riverdale, NJ, November 14, 2008 --(PR.com)-- The New Jersey Housing and Mortgage Finance Agency (HMFA) continues to maintain Blue Realty GMAC as co-exclusive Asset Manager in the Northern and Southern region of New Jersey. As the Asset Manager of the state since 1999, Blue Realty GMAC is responsible and sells the individual REO properties acquired by the HMFA through foreclosure in New Jersey.

“We are pleased to be the servicing Realtor in the current cycle in New Jersey. Our role focuses on the most active concentration of New Jersey state owned properties and continues to position GMAC Blue Realty as a leader in residential real estate and real estate asset disposition throughout New Jersey”.

Founded in 1983 and active in foreclosures since 1989, the company maintains offices in central, western and northern New Jersey, and has sold thousands of REO and foreclosed properties in that time. Blue Realty / GMAC is the largest independently owned Real Estate Brokerage in the GMAC Network. In addition to its real estate brokerage, Blue Realty GMAC offers mortgage, title insurance and homeowner’s insurance services through its affiliated companies. For more information about the company, logon to www.bluerealty.com, or call the company toll free at (800) 936-SOLD/7653.

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