As-is Banks Mortgages Real-estate owned 
Housing Wire
FEBRUARY 22, 2024
Tiffany Fletcher, senior vice president of operations support and operational risk for VRM Mortgage Services , offers strategies for doing just that, showing how VRM is growing and changing during these unique times. Tiffany Fletcher, VRM Mortgage Services HW: What does the current market and demand for REO assets look like?
Housing Wire
MARCH 3, 2021
In his confirmation hearing Tuesday before the Senate Banking Committee , Chopra, President Joe Biden’s choice for director of the Consumer Financial Protection Bureau , emphasized that the CFPB has to be ready for housing market fallout due to the pandemic. million borrowers with mortgages in forbearance plans.
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Housing Wire
NOVEMBER 11, 2020
As for foreclosure filings – including default notices, scheduled auctions or bank repossessions – approximately 11,673 U.S As for foreclosure filings – including default notices, scheduled auctions or bank repossessions – approximately 11,673 U.S properties began the foreclosure process in October. properties filed in October.
Housing Wire
JULY 30, 2021
““The pandemic continues to have an outsized impact on the ability of Americans to meet their monthly rent or mortgage payments. ““The pandemic continues to have an outsized impact on the ability of Americans to meet their monthly rent or mortgage payments. Other federal agencies are expected to follow suit.
Housing Wire
FEBRUARY 21, 2023
High-volume home sellers are in a bit of a pickle in today’s market thanks to rapidly rising mortgage rates last year. We’re just trying to move inventory quickly,” said Lee Kearney, a Tampa, Florida-based real estate investor who has an inventory of between 15 and 20 homes for sale at any given time. “If
HomeLight
SEPTEMBER 1, 2020
If that’s you, you may have heard that one path to a deal is buying a bank-owned foreclosure. There are pros and cons to consider when going this route, however, such as the fact that bank-owned properties often need more TLC than other homes on the market, and many are sold as-is. What’s a bank-owned foreclosure?
HomeLight
AUGUST 31, 2020
Some potential homebuyers pass over foreclosures or buying a bank-owned home entirely because they are daunted by the special considerations that go into this kind of sale. The reality is, there are a variety of substantial pros and cons that any would-be buyer should weigh seriously before purchasing a bank-owned property.
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