Redfin

MARCH 4, 2025

There are several types of foreclosure sales – auctions, bank-owned properties, government-owned properties, preforeclosures, and short sales. If possible, consult a real estate attorney to be sure you understand the realities of the auction and the transaction rules. What is foreclosure? Why buy a foreclosed home?

Pre-approval

AAOA

MAY 22, 2025

In fact, more and more investors are turning to multifamily real estate to create long-term cash flow, and generational wealth faster than they ever could with traditional single family real estate. Once you start viewing multifamily as a business instead of just real estate, your entire approach changes.

Due diligence

Rochester Real Estate

NOVEMBER 5, 2015

Impact on the Real Estate Market Nationally There are so many factors that contribute to the health of the real estate market. To some degree, lenders were pressured politically to provide these sub-prime mortgages so that more people could qualify to buy a home. When the mortgages foreclosed, the investments failed.

Mortgages

Housing Wire

FEBRUARY 5, 2025

Choosing the right real estate niche (or niches) will help you gain expertise, sharpen your career focus and protect yourself from sudden market fluctuations. Probate or inherited properties Probate or inherited properties are another real estate niche that can be quite lucrative, as well as challenging.

Commercial

AAOA

MAY 5, 2025

Pros and Cons of Investing in Distressed Properties Investing in distressed properties can be a lucrative opportunity for real estate investors looking to secure properties at below-market prices and unlock their potential value. So, you just need to know how they work, their pros and cons, their types, and how to invest in them.

Bankruptcy

Housing Wire

DECEMBER 2, 2020

However, the extension also applies to real estate owned (REO) evictions, which are properties that have been acquired by an enterprise through foreclosure or deed-in-lieu of foreclosure transactions. Fannie and Freddie’s foreclosure moratorium applies to enterprise-backed, single-family mortgages only.

Real-estate owned

Housing Wire

FEBRUARY 9, 2021

Alongside its forbearance announcement the FHFA also released that the Enterprises are extending the moratoriums on single-family foreclosures and real estate owned (REO) evictions until March 31, 2021 – one month past the previous deadline set for Feb. ” What role can mortgage brokers play in fair housing?

Real-estate owned

Housing Wire

JULY 17, 2024

There is no escaping the reality that the recent NAR/Sitzer/Burnett settlements is already changing the real estate world as we know it. But what about the case of the transaction in which a bank-owned or real estate-owned property (REO) is being sold? Dramatic change is what it means.

Purchase and sale agreement

Housing Wire

FEBRUARY 25, 2021

Alongside its forbearance announcement, the FHFA also said the GSEs will be extending the moratoriums on single-family foreclosures and real estate owned (REO) evictions through June 30, 2021 – three months past the previous deadline set for Mar. Here are some actionable steps to create that process. Presented by: FICS.

Real-estate owned

Housing Wire

JANUARY 19, 2021

The Federal Housing Finance Agency announced Tuesday that Fannie Mae and Freddie Mac will once again extend moratoriums on single-family foreclosures and real estate owned evictions, this time until Feb. 28, 2021. “To Overall, forbearances are decreasing, but the speed at which they are declining is beginning to slow.

Real-estate owned

Housing Wire

MARCH 19, 2024

has been in business for more than 50 years and offers regulatory compliant default, rental and real estate-owned (REO) residential and commercial property preservation services. It also says that Five Brothers will be integrated into MCS to offer property preservation, maintenance and renovation services.

Mortgages

Housing Wire

NOVEMBER 11, 2020

Bank repossessions on REO homes (real-estate owned) were also up 28% from last month for a total of 2,577 U.S Despite foreclosure moratoria holding steady in several states, a recent foreclosure report from ATTOM Data Solutions revealed a total of 6,042 U.S properties began the foreclosure process in October. properties.

Banks

Housing Wire

APRIL 19, 2022

In addition to benefitting borrowers, the HUD hopes the rule would reduce losses to FHA’s Mutual Mortgage Insurance Fund as fewer properties would be sold at a loss in foreclosure or out of FHA’s real estate owned inventory. Comments from the mortgage industry are due by May 31.

Loans

Housing Wire

FEBRUARY 22, 2024

Tiffany Fletcher: Real Estate Owned (REO), acquired by lenders , banks, or financial institutions typically due to mortgage loan defaults, involves the strategic marketing and sale of existing properties to mitigate losses on outstanding loans. Demand for existing homes — including REO assets — outpaces the available supply.

Due diligence

Housing Wire

MAY 31, 2021

As the real estate industry braces for the end of forbearance moratoriums, housing experts are anticipating an increase in foreclosures and REO activity. Clients can utilize real-time and customizable reporting, as well as direct data warehouse access,” said Rebecca Smith, VP, Sales and Business Development. c client needs.”.

Technology

Housing Wire

NOVEMBER 28, 2023

The median price of a home in America is rapidly becoming out of reach for most first-time homebuyers. This is especially true for minority families who on average have less wealth than non-minority families. Like most things in our economy, home prices are influenced by supply and demand principles. But much of NIMBYism is rooted in ignorance.

Land

Housing Wire

NOVEMBER 20, 2020

Artificial Intelligence company Quantarium announced on Thursday its partnership with Valligent Technologies to launch a condition adjusted “Quantarium Valuation Model” for equity lending, broker price opinions and real estate owned valuations. It can also factor in the effects of local events like foreclosures and recent sales.

Technology

Housing Wire

FEBRUARY 7, 2024

They also should “prioritize the sales of nonperforming and reperforming loans, including real estate owned, to mission-driven nonprofits and/or government entities to ensure that properties remain in the hands of owner occupants and on the homeownership market.” mortgage finance system.

Land lease

Housing Wire

JANUARY 31, 2021

These technologies provide online access and real-time reporting to help track insurance, manage claims, provide blanket protection and communicate with consumers to confirm they’re properly insured. Additionally, states have already started to pass mandates focused on consumer data compliance and security.

Technology

Housing Wire

MARCH 9, 2023

Department of Housing and Urban Development ( HUD ) added that it would reduce losses to the FHA’s Mutual Mortgage Insurance (MMI) Fund, as fewer properties would be sold out of the FHA’s real estate owned inventory or at a loss due to foreclosure. The rule is slated to go into effect on May 8.

Loans

Housing Wire

JUNE 26, 2023

Real-estate owned (REO) inventory also increased by 2% over the course of Q1 to 11,190 units. This is according to the Federal Housing Finance Agency (FHFA) Q1 2023 Foreclosure Prevention and Refinance Report, which was published late last week. The serious delinquency rate also decreased to 0.6%

VA loan

Housing Wire

JUNE 6, 2022

Leslie Rouda Smith, president of the NAR, used her own letter to the FHA to explain the trade group has been “concerned” about the pandemic’s impact on the housing market. As of September 2021 the MMIF was nicely cushioned, with a capital ratio of 8.03% — almost four times the required statutory minimum.

Loans

Housing Wire

FEBRUARY 21, 2023

As a seller if something is sitting out there a couple weeks and it’s not selling, the price is too high,” said Kearney, who has been investing through multiple real estate cycles and believes housing will not be rebounding substantially in the near term. “As These are market-based decisions.” There’s no good news around the corner.

Marketing

Housing Wire

APRIL 8, 2021

If a property reverts back to the foreclosing lender at the foreclosure sale and becomes real estate owned (REO), the distressed homeowner is not due any surplus proceeds from a subsequent sale of the REO property.”. Over the past five years, more than $1.2 36,000 Surplus per Sale.

Equity

Housing Wire

MAY 8, 2024

He singled out two specific areas: progress on nonperforming commercial loans and real estate-owned (REOs) notes in the Ellington portfolio, and origination improvements at Longbridge. But Penn is looking ahead with optimism. And so we expect Longbridge to contribute positively to our ADE in the second quarter.”

Mortgages

Calculated Risk Real Estate

DECEMBER 8, 2023

REO (Real Estate Owned) is the amount of real estate owned by lenders. In 2021, I pointed out that with the end of the foreclosure moratoriums, combined with the expiration of a large number of forbearance plans, we would see an increase in REOs in late 2022 and into 2023. And there was a slight increase.

Equity

Calculated Risk Real Estate

DECEMBER 13, 2024

REO (Real Estate Owned) is the amount of real estate owned by lenders. REO (Real Estate Owned) is the amount of real estate owned by lenders. Here is a graph of Fannie Real Estate Owned (REO). of all mortgaged properties. percent in Q3 2023 to 0.45

Equity

RIS Media

DECEMBER 5, 2020

To help borrowers at risk of losing their home due to the coronavirus national emergency, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac will extend the moratoriums on single-family foreclosures and real estate owned (REO) evictions until at least Jan.

Real-estate owned

Real Trends

APRIL 20, 2022

Year over year, land sales rose 6% in 2021, outperforming the pace of acquisitions of other commercial real estate types. According to estimates from NAR based on Federal Reserve Board data on household real estate and the cost of structures, land value accounts for roughly 40% of house hold real estate assets.

Land

Calculated Risk Real Estate

JUNE 10, 2024

REO (Real Estate Owned) is the amount of real estate owned by lenders. Last Friday, CoreLogic reported on homeowner equity: CoreLogic: US Homeowners See Equity Increase to Nearly All-Time High in Q1 The report shows that U.S. year over year, representing a collective gain of $1.5 million homes or 2.1%

Equity

Calculated Risk Real Estate

MARCH 13, 2024

REO (Real Estate Owned) is the amount of real estate owned by lenders. I’ve argued repeatedly that we would NOT see a surge in foreclosures that would significantly impact house prices (as happened following the housing bubble). year over year, representing a collective gain of $1.3 Currently 22.6%

Equity

Calculated Risk Real Estate

SEPTEMBER 11, 2023

REO (Real Estate Owned) is the amount of real estate owned by lenders. homeowners with a mortgage saw year-over-year equity losses of $8,300 in the second quarter of 2023, but quarterly gains added almost $13,900; the average U.S. homeowner now has about $290,000 in equity. Currently 23.3% are under 5%.

Equity

Realty Biz

JANUARY 1, 2021

Before the Great Recession of the not-so-distant past beginning in 2008, finding a foreclosure property in hopes to purchase a home at a lower price was very difficult. The wave of foreclosures that the recession brought on changed the painstaking process of searching for them. Pre- Foreclosures . Jordan Matin, Portland Homes for Sale.

Short sale

Calculated Risk Real Estate

SEPTEMBER 16, 2024

REO (Real Estate Owned) is the amount of real estate owned by lenders. The dollar value of 1-4 family residential Real Estate Owned (REOs, foreclosure houses) decreased from $794 million in Q2 2023 to $766 million in Q2 2024. Here is a graph of Fannie Real Estate Owned (REO).

Equity

HomeLight

SEPTEMBER 30, 2021

You see foreclosures listed on your favorite real estate sites, but what does that term really mean ? “A REO owned: If the home doesn’t sell at auction, it becomes real-estate owned, meaning the bank or lender owns it. Questions like: How does buying a foreclosure work? What even is a foreclosure?

Banks

HomeLight

MAY 17, 2022

Generally, lenders will take much less than top dollar for a foreclosure, which is good news for anyone looking to score a deal on real estate. Maybe the allure of a quick win or the challenge of scoring a good deal is too good to resist. Is buying a foreclosed house for dummies a hack that would work for you? Foreclosure.

Inspection

HomeLight

FEBRUARY 4, 2022

Here’s a riddle for you: What do government websites, real estate agents, and a drive around the block have in common? Real estate owned, or REO, homes are a result of the foreclosure process , which varies from state to state. They’re all great ways to find REO homes in your area. What is an REO home?

Agents