An upcoming webinar presented by the Five Star Institute and the National REO Brokers Association will examine how prepared the REO industry truly is for a bump in activity, and how to brace your business for a jump in volume.
Read More »Airbnb Rental Revenues Plummet, Listings Outpace Homes for Sale
As housing supply remains scarce, a new study from MarketWatch revealed there were 65% more homes listed for rent on Airbnb than listed for sale nationwide, while revenues per listing have dropped annually by nearly 50% in multiple cities nationwide.
Read More »Nearly 3% of all U.S. Mortgages Delinquent
CoreLogic reports that U.S. loan performance remains resilient, with delinquencies and foreclosures lingering near record lows, and the national overall delinquency rate increasing slightly from March to April.
Read More »Home Investor Sentiment Remains Positive
As the nationwide housing shortage continues, an analysis of data from New Western has found that 80% of surveyed investors are selling homes at or above the asking price after renovating the properties.
Read More »Serious Delinquencies Continue to Improve in May
Black Knight reports that during the month of May, past-due mortgages approached recent record lows as the number of borrowers a single payment past due improved by 94,000.
Read More »Cenlar Names David C. Schneider EVP and CFO
Cenlar places 35-plus year veteran in role to handle all financial planning, treasury activities, taxes, insurance, real estate and property management, and vendor relationships.
Read More »Gauging the Reach of Federal Homeowner Assistance
Five Star’s Legal League has published a white paper detailing how the government’s Homeowner Assistance Fund has provided relief and loss mitigation options for homeowners nationwide during the pandemic.
Read More »When a Servicer Can Take Possession of a Property
Attorney Joseph T. McCormick details a recent Ninth Circuit opinion on when a servicer can take possession of a property under the Oregon Unlawful Trade Practices Act.
Read More »Measuring the Success of Borrower Assistance Programs
A new report from Fitch Ratings found that delinquencies remained flat to close out Q4 2022, with successful workout strategies helping more homeowners retain their homes and avoid foreclosure.
Read More »May’s Data Reports Spike in Foreclosure Activity
Foreclosure starts increased 4 % over April 2023, while completed foreclosures increased 38%.
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