Tag Archives: REO

LRES recently named Jill Haro as VP of Corporate Administration. In this role, Haro will oversee compliance and corporate-wide strategic projects. Haro has more than 15 years of experience working within the mortgage services industry in operations, client relations, and corporate project management.

U.S. Real Estate Services, Inc. (USRES) announced Monday that Tiffany Malm-Ruiz has joined the USRES Management team. Malm-Ruiz will be responsible for the oversight and management of the REO Division alongside Gene Shibata, REO Supervisor, and is in charge with REO client relations, compliance adherence benchmarking, procedural analysis/audit, policy review/analysis, and other managerial responsibilities. Her experience boasts a broad understanding of mortgage servicing, operations, and vendor and asset management.

Rosenberg & Associates, LLC, has welcomed Sarah Tozer to its Vienna, Virginia office. Rosenberg & Associates provides foreclosure, title curative, bankruptcy, eviction, litigation, and REO services in Maryland and Washington, D.C., in addition to Virginia.

The distressed sales share for December 2016 and the full year distressed sales share were both the lowest distressed sales share for any month since 2007. Before the housing crisis, distressed sales averaged around 2 percent, and the share is expected to reach that point again by mid-2018.

In some areas of the country, foreclosures are at a standstill. Daren Blomquist, SVP of ATTOM Data Solutions looks into these stagnant foreclosures and what is next for the distressed housing market.

The housing markets in some eastern states are turning around, largely due to a declining number of REO properties, according to one analysis.

What factors do industry leaders polled at the Five Star Conference and Expo feel would best boost homeownership?

June’s cash sales share leaves those in the industry with a sense of déjà vu as the rate falls to level in June not seen since 2007.

Seeing Miami, commonly perceived as flourishing, in the bottom tier of home value rankings may surprise market watchers. What factors contributed to Miami's placement on Pro Teck's "Top 10 Weakest Markets" in August, and what other cities gained this dubious honor?

Online real estate marketplace Auction.com has announced the hiring of Patrick McClain as SVP of Auction Portfolio Operations.