Home / Tag Archives: REO properties

Tag Archives: REO properties

Q2 Zombie Properties on the Rise

With foreclosure activity on the rise 13% quarter-over-quarter, Q2 marked the third straight quarter that the count of pre-foreclosure properties has risen since the end of the nationwide foreclosure moratorium.

Read More »

HUD Extends Exclusive Listing Period

HUD has announced a change to the length of time that HUD-owned REO properties have exclusive listing rights for owner/occupants and “mission-minded” organizations. Here’s what you need to know.

Read More »

The Changing Face of Distressed Property Auctions

This story originally appeared in the August edition of DS News. Distressed home sales are square pegs that don’t fit well into the round hole of the retail housing market, a reality that has been highlighted by the recent economic ...

Read More »

Shrinking REO Inventory Drives Down Cash Sales Share

At their peak in January 2011, cash sales accounted for nearly half of all residential home sales in the United States (46.5 percent). Since then, that percentage has steadily declined; in August 2015, it was reported at 31.7 percent, less than one-third of all home sales—a decline of more than 3 percentage points from August 2014, when it was 34.9 percent.

Read More »

Top Mortgage Banking Execs Convene for Inaugural Five Star Alternative Disposition Forum

Topics of discussions included whether short sales are still relevant, whether or not to sell occupied properties, claims without certificate of title, resolving the "hold bucket," determining the right disposition strategy for the property, the impact of prolonged sales cycles on the community, what to evaluate when considering a property repair, and what can be done to expedite the foreclosure process on vacant and abandoned properties.

Read More »

Your Daily Dose of DS News

Get the news you need, when you need it. Subscribe to the Daily Dose of DS News to receive each day’s most important default servicing news and market information, absolutely free of charge.