Altisource sees rise in foreclosures as a path to profitability
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
by Matt Carter Mar 30
Hints of more layoffs loom at Mr. Cooper as profits wane in Q3
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
by Matt Carter Oct 28
Mr. Cooper lays off originators while mortgage servicing business booms
Sale of Xome subsidiary could be in the works as lenders boost foreclosure filings and auction platform's distressed property inventory swells to record levels
by Matt Carter May 3
States getting COVID mortgage relief programs off the ground
Nearly 30 states have launched programs to distribute $9.961 billion in federal aid for households who are behind on their mortgages
by Matt Carter Mar 18
Sundae now financing investor purchases of distressed properties
Distressed property marketplace offering financing in California, Florida, Georgia, Texas and Colorado with more states to be added over the next few months
by Matt Carter Feb 17
Amid pandemic, 2020 was a year of record-low foreclosures
In 2020, foreclosure filings reached their lowest levels since Attom Data began tracking the metric in 2005
by Lillian Dickerson Jan 14
US foreclosure filings increase 20% in October despite moratoriums
A total of 11,673 US properties received foreclosure filings in October 2020, according to a new report from Attom Data Solutions released Tuesday
by Lillian Dickerson Nov 10
Is remote real estate investing the next big thing?
Going remote isn't just a new trend in the standard workforce — it's also on the rise among real estate investors
by Lillian Dickerson Mar 16
Dollars and sense: 10 things financially smart agents already know
Opinion
Establishing the habits of success starts with self-awareness and being honest with yourself
by Jack Gross Jan 13
HUD secretary slammed for confusing REO with Oreo cookies
Ben Carson was asked Tuesday during a hearing about the acronym ‘real estate owned,’ which applies to certain foreclosed properties
by Jim Dalrymple II May 21
Fannie Mae discrimination lawsuit could have repercussions for agents
Some agents and brokers who list the GSE's homes could find themselves directly in the line of fire
by Amy Tankersley Dec 6
Cash sales continue to drop across major metros
Cash sales highest in New York, Florida and Alabama
by Britt Chester Sep 29
Cash sales nearing pre-recession numbers, CoreLogic says
Major metros across the country seeing steady drops in cash sales
by Britt Chester Aug 1
Podcast: How to get (and handle) 20 real estate listings a month
Brett Keppler shares the secrets to his systems
by Pat Hiban Jul 14