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Financial services firm Consolidated Analytics acquires Real Info

Housing Wire

Launched in New York in 1995, Real Info developed a suite of proprietary automated valuation models (AVM) that derive predicted market values for residential properties, according to its website.

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

Housing Wire

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.

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Fannie Mae pays $53M to settle recession-era discrimination suit

Housing Wire

After the housing crisis, the GSE’s portfolio of foreclosed, or “Real Estate Owned” properties ballooned. In 2011, Fannie Mae repaired 89,800 such properties, and sold 244,000. As of 2020, Fannie Mae’s REO portfolio is 17,500.

Equity 383
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Ukraine conflict unlikely to directly impact US housing market: NAR

Real Trends

Politicians have called for boycotts of Russian oil, and some have even called for seizure of American real estate owned by Russian oligarchs. Residential Real Estate Report found that between April 2015 and March 2021, foreign buyers accounted for 1.8% Gasoline prices in the U.S. rose to $4.06

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Property services company MCS enters reverse mortgage space

Housing Wire

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 410
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How and When to Buy Foreclosure Property

Realty Biz

Pre-foreclosures are commonly confused with the foreclosure process and REOs (real estate owned by a lender). Also, our weekly Ask Brian column welcomes questions from readers of all experience levels with residential real estate. Pre-foreclosures are Confusing to Many People. Please leave a comment.

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Opinion: 5 policy changes that can improve housing affordability

Housing Wire

Residential zoning laws are designed to promote orderly development, control traffic flow, and ensure that noise and activity levels are appropriate to each specific neighborhood. It is fair to say that the current shortage of housing supply is at crisis levels, which is the primary reason home prices have soared in recent years.

Land 454