Meet our incredible 2015 Women of Influence

Meet our incredible 2015 Women of Influence

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Items Tagged with 'REO'

ARTICLES

Foreclosure activity hits 19-month high on rise in REOs

Starts below pre-crisis levels but auctions, REO activity well above
Foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 126,868 U.S. properties in May 2015, up 1% from the previous month and up 16% from a year ago to a 19-month high. Here’s why and what it means.
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Invitation Homes prepping new single-family rental securitization

Company’s first in 2015 and fifth overall
Invitation Homes will the first out of the gate in 2015, as the Blackstone Group subsidiary is prepping the year’s first single-family rental securitzation. The offering, Invitation Homes 2015-SFR1, will be collateralized by a $540.9 million loan secured by first priority mortgages on 3,072 income-producing single-family homes.
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REO agents and brokers deserve to be paid more

The paperwork alone can be mind-boggling
Without necessarily intending to, I am going through this process currently as it relates to REO management, marketing and disposition. And it is an eye-opening process, indeed, even for this longtime veteran of this industry.
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