REO

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

The best in the REO space gathered on Tuesday for the REO Lab at the 2016 Five Star Conference and Expo to discuss ways to survive and grow business in the evolving REO landscape

Planning for the future was the theme of the Five Star Institute's Federation of Certified REO Experts (FORCE) Rally on Sunday at the 2016 Five Star Conference and Expo in Dallas.

Five Star Institute President and CEO Ed Delgado dove into the default, foreclosure, and REO industries in a webinar presentation on Thursday to advise members of the Federation of REO Certified Experts (FORCE) of past and present market conditions.

Five Star Institute President and CEO Ed Delgado said that companies which are slow to adapt to the changing real estate environment may be in trouble.

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.

As investors navigate the real estate market, they are faced with some the same issues as others in the mortgage industry such as regulations and compliance, the highs and lows of growth, and technology innovation.

Clayton Holdings LLC, a provider of loan due diligence, surveillance, REO management, and consulting services to the mortgage industry, recently announced that it has opened a consulting office in Silicon Valley.

Before the crisis, cash sales averaged about one-fourth of all home sales, and at this rate, CoreLogic projects that this share should hit 25 percent once again by mid-2017.

LRES, a national REO and appraisal management company offering property valuations, asset management, HOA and technology solutions for the mortgage industry, announced that the company has hired Mike Rasooli as its Chief Technology Officer (CTO).