Archives For: REO
Fannie Mae reported the number of REO increased to 7,430 at the end of Q1 2022 compared to 6,918 at the end of Q1 2021.
3 May 2022
The Federal Housing Administration (FHA) on Thursday announced it is increasing its exclusive listing period on certain HUD single-family real-estate owned (REO) homes to allow more time for owner occupants, HUD-approved nonprofit organizations, and governmental entities to submit bids for the purchase of these homes before they become eligible for purchase by investors.
13 Jan 2022
Auction.com issued a report highlighting bank-owned property auction data from the third quarter of 2019.
11 Nov 2019
The U.S. Department of Veterans Affairs (VA) issued a circular providing details concerning operational matters related to VA’s Real Estate Owned (REO) and direct loan portfolio performed by Vendor Resource Management (VRM) under the VA REO and Portfolio Servicing Contract (RPSC).
27 Nov 2017
National Mortgage News published an article discussing recent moves by Fannie Mae and Freddie Mac to widen the use of clearboarding for securing pre-foreclosure and real estate owned (REO) properties.
9 May 2017
HousingWire published an article exploring what the current state of the housing industry means for banks and investors that have invested in distressed loan portfolios.
5 May 2017
The U.S. Department of Veterans Affairs (VA) released an announcement containing information on the Real-Estate Owned and Portfolio Servicing Contract (RPSC) on FedBiz Opps.
22 Nov 2016
Servicing Management published an article by Safegaurd Properties Vice President of Vendor Management Joe Iafigliola. In it, Iafigliola explores how mortgage field services companies can adapt to a business climate with declining real estate owned (REO) inventory.
30 Aug 2016
The Federal Housing Finance Agency (FHFA) has released its Foreclosure Prevention Report for the first quarter of 2016.
23 Jun 2016
DS News published an article discussing a webinar presentation conducted by Five Star Institute President and CEO Ed Delgado to advise members of the Federation of REO Certified Experts (FORCE) of past and present market conditions.
19 May 2016