Archives For: REO
REO Auctions Attracting Competing Bids
Auction.com issued a report highlighting bank-owned property auction data from the third quarter of 2019.
11 Nov 2019
VA Circular 26-17-38: Updates to the VA Property Management and Servicing Contract
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
‘Clear boarding’ Replacing Plywood in Bid to Curb Foreclosure Blight
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
Should Servicers Still be Outsourcing REO Disposition?
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
VALERI Special Announcement
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
Declining REO Inventory
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
FHFA: Foreclosure Prevention Actions Approach 3.7 Million Through First Quarter 2016
The Federal Housing Finance Agency (FHFA) has released its Foreclosure Prevention Report for the first quarter of 2016.
23 Jun 2016
Five Star?s Delgado: No Semblance of a Crisis
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
What?s Next for REO? A 10-Year Perspective
DS News published an article discussing what the future holds for the real estate owned (REO) market.
3 May 2016
FHLMC Guide Bulletin 2016-05: Important Servicing Requirement Changes
Freddie Mac issued a release announcing updated servicing requirements.
9 Mar 2016