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Q1 Update: Delinquencies, Foreclosures and REO

Calculated Risk Real Estate

We will NOT see a surge in foreclosures that would significantly impact house prices (as happened following the housing bubble) for two key reasons: 1) mortgage lending has been solid, and 2) most homeowners have substantial equity in their homes. Here is a graph of Fannie Real Estate Owned (REO).

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Q4 Update: Delinquencies, Foreclosures and REO

Calculated Risk Real Estate

This entire housing cycle I’ve argued that we would NOT see a surge in foreclosures that would significantly impact house prices (as happened following the housing bubble) for two key reasons: 1) mortgage lending has been solid, and 2) most homeowners have substantial equity in their homes. billion, or 1.7% billion, or 1.7%

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How to Buy a Foreclosed Home: The Ultimate Step-by-Step Guide

Redfin

These properties are often priced below market value, making them attractive to buyers looking for a good deal or hoping to build equity quickly. If possible, consult a real estate attorney to be sure you understand the realities of the auction and the transaction rules.

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What Are The Best Mortgage Options for Self Employed Borrowers?

Rochester Real Estate

Best Mortgage Option for Self Employed Borrowers Top Mortgage Options For Self Employed Borrowers The world of creative lending identified the opportunity to come up with a program that can help. Debt to Equity Ratio (DTI) requirements are higher than conventional loans. No tax returns needed to verify income. Sometimes as high as 50%.

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Housing coalition publishes recommendations for GSEs’ ‘Duty to Serve’ plans

Housing Wire

In the first year, each agency should implement a Section 515 loan product while providing additional equity investments to Community Development Fund Institutions (CDFIs) that are engaged in Section 515 financing. Better loan products to serve “high-needs rural regions” should also be developed.

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Housing Tech Rundown: Quantarium, Equifax and Ellie Mae

Housing Wire

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.

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Q3 Update: Delinquencies, Foreclosures and REO

Calculated Risk Real Estate

However, I also argued this would NOT lead to a surge in foreclosures and significantly impact house prices (as happened following the housing bubble) since lending has been solid and most homeowners have substantial equity in their homes. REO (Real Estate Owned) is the amount of real estate owned by lenders.