Tag Archives: Foreclosure

While overall home sales remain down 24.4% year-over-year, February home sales increased nearly 17% from January, according to the RE/MAX National Housing Report.

The Five Star Institute presents the first-ever REO Connect event, a gathering of the REO community featuring educational offerings and networking opportunities geared to meet the needs of unique marketplace.

Both raw profits and return on investment have improved nationwide for 11 straight years, shooting up again in 2022 as the national median home price increased 10% to $330,000—another annual record.

A new report required by law under the Helping Families Save Their Homes Act of 2009, a provision of the Dodd-Frank Wall Street Reform and Consumer Protection Act, showed that the majority of loans are current, and foreclosures remain below levels recorded before the pandemic.

debt-to-income ratios, Foreclosure, home price appreciation, income inequality, Knock, property tax assessments, Property Taxes, real estate-owned (REO)

Homeowners have seen their equity grow in excess of 30% over the last year, giving some borrowers a crutch against foreclosure.

The CFPB, along with other federal regulators, calls on mortgage servicers to safeguard at-risk homeowners in the wake of pandemic protections.

Since the start of the pandemic, homeowners have reduced their mortgage payments by more than $1.3 billion per month through rate and term refinances.

Data analyzed by CoreLogic has found the share of homes in negative equity fell to 2.3% in the second quarter of 2021 the lowest share in at least 12 years.

Price jumps that helped sellers earn big profits also led to equity improvements not seen in years, according to analysts.