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U.S. foreclosure activity ticked up significantly in January: Attom

Housing Wire

properties through completed real estate-owned (REO) foreclosures in January. We remain vigilant in monitoring these trends to understand their full impact on foreclosure activity.” Foreclosure completions increased in 19 states Lenders repossessed 3,954 U.S.

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Opinion: Brokers should consider a new model for post-Burnett world

Housing Wire

But what about the case of the transaction in which a bank-owned or real estate-owned property (REO) is being sold? There has been quite a bit of discussion already about how this will impact the traditional residential purchase.

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Financial services firm Consolidated Analytics acquires Real Info

Housing Wire

Over the years, Consolidated Analytics has evolved from a residential property valuation provider to a provider of complete mortgage loan life cycle solutions, including valuation, due diligence, business process services and consulting and advisory.

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FHFA assisted nearly 44,000 troubled homeowners in Q4 2023

Housing Wire

The GSEs’ real estate-owned (REO) inventory decreased slightly to 10,902 in Q4, down from 11,019 in Q3 as REO dispositions outpaced acquisitions, the report noted. By comparison, the serious delinquency rate for Federal Housing Administration ( FHA ) loans was 3.42% in Q4 2023. The rate for U.S.

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$100M San Francisco team OWN Real Estate joins KW

Inman

After four years with Side Real Estate, OWN Real Estate founder Wilson Leung has brought his team back to Keller Williams. OWN's 19 agents closed 80 transactions worth $107.1 million in 2022.

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FHA publishes final rule on the 40-year loan modification

Housing Wire

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.

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GSEs completed nearly 60,000 foreclosure prevention actions in Q1 2023: FHFA

Housing Wire

Real-estate owned (REO) inventory also increased by 2% over the course of Q1 to 11,190 units. REO acquisitions outpaced property dispositions,” the report said of the change. The total number of property acquisitions decreased slightly to 1,692, while dispositions rose 56% to 1,529 during the quarter.”

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