A study examined the FHA’s program for distressed assets and the ways in which it could be improved. Here’s what it recommended.
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REO Share’s Continued Decline Indicates a ‘Healing’ Market
As has historically been the case, REO sales had the largest cash sales share in March, followed by resales (34.5 percent), short sales (31.6 percent), and new home sales (14.9 percent). All those numbers represented declines from February, according to CoreLogic.
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