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Tag:
REO
Economic News
Study reveals foreclosure fraud in almost all cases
Rampant foreclosure fraud
The City of San Francisco has released a report revealing the widespread nature of foreclosure abuse, with 84 percent of the 400...
Opinion Editorials
The REO problem is worse than you think
How REOs are killing the market
This week an asset manager contacted me to get pre-listing information on a house about to be foreclosed on....
Housing News
Stewart Lending acquires REO subservicing company PMH Financial
Stewart acquires PMH
Steward Lender Services (SLS), subsidiary of Stewart Title Company has announced the acquisition of a majority ownership interest in PMH Financial, a...
Coaching
Preparing a short sale package- not so top secret tips
Short sale package demystified:
While much has changed in the wacky world of short sales over the last three or four years, one thing is...
Economic News
A quarter of homes sold in 2010 were foreclosures – good news?
According to RealtyTrac.com's 2010 Year-End Foreclosure Sales Report, nearly 26 percent of all homes sold during the year were foreclosures, up three percent from...
Housing News
Fannie Mae rule limits brokers’ ability to list REO properties, KW responds
Recently, Fannie Mae began to actively seek out brokers listing more than 30 REO listings from any single Fannie Mae source which understandably is...
Housing News
A Staggering 18.9 Million Homes in U.S. Are Currently Vacant
Foreclosures rise
As the number of foreclosure filings hit historic highs, studies and statistics show staggering results. Of the 130.6 Million housing units in...
Coaching
Shadow Inventory or Not? Agents, Get to Work!
I've been thinking about the future of real estate.
Fellow Agent Genius Contributor, Russell Shaw, wrote a thought-provoking blog post a few days ago about...