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Foreclosure filings dropped in November. Is market pressure finally easing up?

Housing Wire

But this decline may merely be a seasonal phenomenon, according to real estate data provider Attom. Foreclosure Market Report. Attom considered homes in default, auction and real estate-owned (REO) status along with foreclosures that were actually completed. On Tuesday, Attom released its November 2024 U.S.

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Foreclosure filings rose in October. Could this trend continue in 2025?

Housing Wire

With fluctuating mortgage rates and economic pressure in the housing market, foreclosure activity ramped up in October 2024. According to real estate data provider Attom , homebuyers may face more challenges heading into 2025. Foreclosure Market Report on Tuesday. Attom released its October 2024 U.S.

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FHA walks back Biden-era restrictions on foreclosed property sales

Housing Wire

Department of Housing and Urban Development (HUD) real estate-owned ( REO ) properties for owner-occupant buyers, HUD-approved nonprofits and government entities from 15 to 30 days. Mortgagee Letter (ML) 2022-01 expanded the exclusive listing period for U.S. The agency will also be updating the relevant sections of the 4000.1

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Foreclosure auctions rise in Q1 after VA moratorium expires

Housing Wire

rose to a six-quarter high during the first three months of 2025, fueled by a surge in properties that hit the market after the expiration of post-pandemic protections, according to a report from Auction.com. Real estate-owned ( REO ) auction activity, which involves properties that have reverted to lenders, also showed mixed signals.

Loans 360
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The current REO market requires an expansion of services for business growth

Housing Wire

Tiffany Fletcher, VRM Mortgage Services HW: What does the current market and demand for REO assets look like? Factors like location and condition of the property and the market demand for REO and other existing home sales, impact the current landscape for REO assets.

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Nevada Democrat calls on FHFA for transparency in home purchases by institutional investors

Housing Wire

Specifically, shes seeking information about participation of out-of-state corporate entities in post foreclosure dispositions of properties sold to third parties or real estate owned (REO) properties executed by Fannie Mae and Freddie Mac and steps taken by the [FHFA] to protect local homeowners.

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How to price homes properly in a volatile housing market

Housing Wire

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

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