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Foreclosure auction volume rises 19% after VA moratorium expires

Housing Wire

Department of Veterans Affairs (VA) loans , which jumped 428% from a year ago after a moratorium expired in December 2024. Demand from auction buyers dropped to multiyear lows, signaling a shift in the distressed housing segment that could have implications for the broader real estate market.

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Foreclosure auctions rise in Q1 after VA moratorium expires

Housing Wire

The foreclosure auction sales rate properties sold to third-party buyers began the year strong but fell sharply in February to a 26-month low point before partially rebounding in March. Overall, the Q1 2025 sales rate declined compared to a year ago. Major markets such as Houston , Chicago , Dallas , St.

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Q4 Update: Delinquencies, Foreclosures and REO

Calculated Risk Real Estate

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) was increased 6% YOY from $747 million in Q4 2023 to $790 million in Q4 2024. Here is a graph of Fannie Real Estate Owned (REO).

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

Redfin

Whether youre looking at homes for sale in San Antonio, TX , or in Wilmington DE , there are options for you. There are several types of foreclosure sales – auctions, bank-owned properties, government-owned properties, preforeclosures, and short sales.

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What Are The Best Mortgage Options for Self Employed Borrowers?

Rochester Real Estate

What To Expect From Your Listing Agent Why For Sale By Owners (FSBOs) Fail Blog Featured Articles Home Buying Home Selling LOCAL Rochester NY Articles What Are The Best Mortgage Options for Self Employed Borrowers? VA Loan Self-employed veterans or active military should seriously consider this.

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FHFA assisted nearly 44,000 troubled homeowners in Q4 2023

Housing Wire

Of these actions, 2.682 million have been permanent loan modifications and 3.519 million actions have been other forms of assistance that allowed troubled borrowers to stay in their homes. The number of completed short-sale and deeds-in-lieu transactions in Q4 2023 totaled 134, a decrease of 12% compared to the previous quarter.

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FHFA prevention actions surpassed 52K in Q4 2022

Housing Wire

Comparatively, the serious delinquency rate for Federal Housing Administration (FHA) loans was 4.4% in Q4, the Department of Veterans Affairs (VA) loans rate was at 2.43%, and at 1.89% for all loans based on the industry average.