With REO inventory having declined significantly from its peak levels of six and seven years ago, what opportunities are out there for investors? Steve Udelson, President of Altisource Online Real Estate, discusses the state of REO with DS News.
Read More »Servicers Must Adapt in Order to Survive
Industry leaders discuss how companies which are slow to adapt to the changing real estate environment may be in trouble.
Read More »Just How Far Has REO Fallen?
As more jobs are added each month and the unemployment rate has dipped to pre-recession levels, the number of foreclosed homes has seen a corresponding substantial decline.
Read More »Clayton Holdings Appoints Interim President
Radian Group Inc. announced Wednesday that it has appointed Jeff Tennyson to serve as interim president of Clayton Holdings LLC, the company's principal mortgage and real estate services subsidiary.
Read More »FHFA Targets Hardest Hit Markets with Neighborhood Stabilization Efforts
The number of REO properties has substantially declined over the last few years, but it remains elevated in some pockets,
Read More »TRID-Imposed Closing Delays Elevate Cash Sales Share
The percentage of home sales that were all-cash transactions was higher in November than in recent months due to TRID. Will the cash sales share return to normal or will the delays keep it elevated?
Read More »Mortgage Contracting Services Celebrates 30th Anniversary
Mortgage Contracting Services, LLC (MCS), a provider of property preservation, inspections, REO property maintenance, and valuations for the financial services industry, announced that it is celebrating its 30th year of business operations.
Read More »What’s Driving Down the Cash Sales Share?
Fewer and fewer buyers are paying all cash when they buy a house. What is the reason behind the decline?
Read More »Declining Distressed Inventory Forces a Change in REO Strategy
Distressed sales have been steadily falling since hitting their peak in 2009. Now that the backlog of foreclosures and REO properties has been clearing for years, how is this affecting business?
Read More »Counsel’s Corner: It’s Not Over Yet Between Fair Housing Alliance and U.S. Bank
Counsel's Corner is an ongoing series in which DS News talks with default servicing attorneys around the country about the most pressing issues facing the default servicing industry. This installment features Steve Dane, partner with Relman, Dane & Colfax in Toledo, Ohio.
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