With foreclosure activity ticking upward, agents can learn from seasoned REO pros to build new streams of income during an economic downturn, Annette DeCicco writes
Real estate and mortgage services provider has racked up $363M in cumulative losses and ended Q1 with $30.8M of cash and cash equivalents following debt restructuring
Operator of real estate auction platform Hubzu reports a $53.4M 2022 net loss, with revenue falling 15% to $144.5M as foreclosures remain below pre-pandemic levels
Rising mortgage rates have many lenders looking to sell servicing rights, creating opportunity for Dallas-based company that now collects payments on $870B in loans
Shares in the Hubzu operator touched a new 52-week low Friday as the company released details of a plan to pay off a portion of its nearly $200M debt burden by issuing up to 4.6M shares
While growing loan servicing business remains profitable, according to Q3 earnings, paper gains on servicing rights could evaporate if interest rates fall and borrowers refinance out of portfolio
Biden administration to give owner occupants, nonprofits more opportunities to buy homes before they're snatched up by large investors
Brand new agent or an industry veteran, there are some words and phrases that frequently crop up. We've chosen 55 terms to create an easy-to-use glossary you'll return to again and again
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The niche REO market has traditionally been difficult to break into, but technology creates more opportunities for agents to learn the business and connect with asset managers.
Going remote isn't just a new trend in the standard workforce — it's also on the rise among real estate investors
Some agents and brokers who list the GSE's homes could find themselves directly in the line of fire
Cash sales highest in New York, Florida and Alabama
Acceptance rates, revision rates and turnaround times factored into selection process
Brokerage plans to open offices in 7 more states this year
Prosecutors bring wire fraud charges after real estate broker sounds alarm