REO

The state of the real estate industry, the nuances of the servicing businesses, and government issues were all discussed at the Five Star FORCE Summit Tuesday, part of the Five Star Virtual Conference.

A new report indicated that 1.6 percent of all homes in the U.S. are vacant, numbering 1,570,265 residential properties, with 7,960 or 3.7% of those vacant properties in the process of foreclosure, otherwise known as “zombie foreclosures.”  That is according ...

Join DS News next week for a high-level exploration of the CWCOT program changes enabled by the recent HUD mortgagee letter.

The report makes recommendations to Congress about potential legislation to enhance the safety and soundness of the regulated entities and move our nation toward a stronger, more resilient housing finance system. 

On this episode of DS5: Inside the Industry, Auction.com SVP Jesse Roth delves into how foreclosure volumes can be impacted by coronavirus. He also discusses how technology can aid in disposition in today’s socially distanced environment.

In addition, the state of Florida is preparing how to respond to any future storms while taking the coronavirus pandemic into account.

While 80% of applicants receive forbearance. how many of these homeowners actually need relief from their mortgage?

With more distressed sales impacted by foreclosure moratoriums and forbearances due to the COVID-19 pandemic, buyers are going digital at an accelerated rate.

The Federation of REO Certified Experts, Five Star Global’s agent/broker organization, recently held virtual regional Townhall Meetings to discuss the impact of COVID-19 on residential real estate listings.

Servicing leaders discuss Governor Cuomo's response to New York's coronavirus crisis.