REO

An upcoming webinar presented by the Five Star Institute and Brookstone Management will examine the responsibilities of home preservation experts in combating blight, returning foreclosed properties to the market, and protecting property values.

According to a new study, “house poor” homeowners in the Sunshine State and Golden State face the largest housing expenses, including monthly mortgage payments, property taxes, homeowners’ insurance, and utilities.

According to ATTOM's 2023 U.S. Home Equity & Underwater Report, the share of mortgaged homes that were equity-rich in Q2 2023 increased from 47% in Q1, reaching the highest point in four years.

Following three quarters of decline, ATTOM reports that home investment returns rose in Q2, led by a springtime surge in buyer demand, pushing seller profits back up to nearly their highest level recorded in the past decade.

According to First American’s Potential Home Sales Model, the nationwide sales pace will begin to settle into a new normal, as potential existing-home sales decreased in June, suggesting they may have hit bottom.

MortgagePoint speaks with mortgage servicing execs from BOK Financial, Carrington, the NMSA, PHH Mortgage Corporation, and Servbank about the unusual times and unusual opportunities the industry faces midway through 2023.

Taylor Marr, Deputy Chief Economist for Redfin, recently sat down with MortgagePoint to discuss recent migration trends, the direction of the market, and much more. Click through to hear his insights on the state of the nation’s housing landscape.

According to Black Knight's Originations Market Monitor report, overall rate lock volumes were down 1% month-over-month in June, with conforming loans gaining share mainly at the expense of nonconforming loan products.

The Five Star Institute has joined forces with the National REO Brokers Association to dissect how to prepare for an increase in REO volumes, with topics ranging from streamlining operations to managing compliance and public perception.

A Harvard University study reveals the nation’s homes are older today than at any time ever recorded, and remain in dire need of critical maintenance.