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
Read More »State of Servicing Industry With Five Star’s Delgado
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.
Read More »Cash Sales Share Set to Reach Pre-Crisis Level by 2017
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.
Read More »FHFA Expands Neighborhood Stabilization Initiative to 18 Metros
The Federal Housing Finance Agency announced Tuesday that it will expand the Neighborhood Stabilization Initiative to 18 more metro areas across the country to provide REO relief to communities.
Read More »Cash Sales Hit Lowest Point Since 2006
All-cash transactions comprised nearly 31 percent of all single-family residential home sales nationwide in July 2015, marking a decline of more than three full percentage points year-over-year, according to CoreLogic cash sales data released on Friday.
Read More »Cash Sales Share Lowest Since July 2008
According to CoreLogic's August 2015 Market Pulse report, the share of total residential home sales in May 2015 that was made up of all cash sales was 31.9 percent, down from 35.1 percent in May 2014.
Read More »Brady & Kosofsky Receives Two Compliance Audits Certifications
Matthews, North Carolina-based full service real estate title, REO, loss mitigation and closing law firm Brady & Kosofsky PA has announced it received two certifications as a result of recent service auditor's reviews.
Read More »Aspen Grove Promotes Ron Briggs to SVP of Business Development
Aspen Grove Solutions (AGS), founded in Boston, Massachusetts, recently announced in a press release the promotion of Ron Briggs to the position of SVP of business development, effective immediately. Aspen Grove is a leading enterprise provider of property related technology solutions for REO, short sale, asset management, inspections, property preservation, vendor management, and complianc
Read More »Cash Sales Decline for 24th Consecutive Month
Cash sales made up 35 percent of all home sales in December 2014, according to data released by CoreLogic today. December marks the 24th consecutive month of declines in year-to-year share numbers, which has fallen each month since January 2013. Because of seasonality, cash sale comparisons are best when looking at year-to-year data. Cash transactions hit its peak in January 2011 when cash transactions made up 46.5 percent of total home sales. Before the housing crisis, the cash sale share of total home sales averaged at about 25 percent. If the trend of cash sales decline continues at the same rate, the share should reach 25 percent by the middle of 2017.
Read More »Delgado – Carrington Out Of REO Trades, 2nd Housing Bubble? – Jun 05,2013
[ca_audio url_mp3='http://blogtalk.vo.llnwd.net/o23/show/4/942/show_4942139.mp3' css_class='codeart-google-mp3-player' autoplay='false' download='false' html5='false']Join us for the inaugural broadcast of Five Star Radio's Mortgage Markets Today. Ed Delgado, President & CEO of The Five Star Institute ...
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