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REO

Ginnie Mae Forbearances Increase, Again

The MBA reports the performance of serviced loans nationwide remained relatively flat in November, despite the forbearance rate for Ginnie Mae loans increasing for the fourth straight month.

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Foreclosures Have Likely Peaked for 2022

Foreclosure activity, up 98% year-over-year in November, “declined from last month, and lenders often put a moratorium on foreclosures during the holiday season,” according to ATTOM’s EVP of Market Intelligence, Rick Sharga.

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Investor Home Sales Slide in Q3

Redfin reports investor home purchases dropped 30% in Q3 2022, the largest decline reported since the Great Recession aside from Q2 2020, at the outset of the pandemic.

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The Front Lines of Property Preservation

DS News speaks to property preservation experts about how they’re navigating economic challenges, a shifting industry landscape, and an exodus of vendor partners as they attempt to maintain strong boots-on-the-ground service.

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