HousingWire TECH100 winner FormFree issued pioneering patent

HousingWire TECH100 winner FormFree issued pioneering patent

All-digital verification is now a thing

Ginnie Mae ditches paper and goes eMortgage

Electronic filing to start very soon

Fannie Mae offers new suite of HomePath financing

Goodbye HomePath Mortgage and HomePath Renovation
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Items Tagged with 'REO'

ARTICLES

Kroll weighs in on Silver Bay Realty’s $312M rental securitization

Awards $147M in AAA ratings
July 23, 2014
“Large-scale institutional ownership and management of single-family rentals is a fairly new business model and US securitization structures of the assets are still evolving,” Kroll’s presale report states. “While SBY 2014-1 is the sixth transaction of its kind, performance data for the sector is limited.”
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Silver Bay Realty prepping $312M rental securitization

Here comes another one
July 22, 2014
Morningstar was the first of the ratings agencies to issue a presale report on the Silver Bay offering and awarded $147.75 million in AAA ratings to the class A tranche.
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Fannie Mae offers new suite of HomePath financing

Goodbye HomePath Mortgage and HomePath Renovation
July 22, 2014
In the updated selling guide, Fannie Mae announced three financing “flexibilities” for investing in Fannie Mae-owned properties. And here they are.
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Fannie Mae contractor Cyprexx accused of racial discrimination

Homes in African American, Latino neighborhoods were treated “very poorly”
July 22, 2014
"Cyprexx is required by federal law to maintain foreclosures without regard to the racial makeup of the neighborhood, but the evidence we uncovered flies in the face of that obligation," said Shanna Smith, CEO of the National Fair Housing Alliance. A Cyprexx source said the company was not made aware of any complaints and the NFHA, to his knowledge, never reached out.
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Bank-held REO inventory drops 44% since 2011

Non-performing loans have also dropped nearly 50%
July 17, 2014
According to a report from BankDATAWORKS, the total REO inventory held by banks has dropped from $52.55 billion in March 2011 to $29.37 billion in March 2014. That’s a drop of 44%.
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Ann Song joins LRES as vice president of REO asset management

Tasked with growth of company's REO portfolio
June 18, 2014
In her new role, Song has been tasked with managing the company’s REO portfolio and increasing the number of REO specialists in the company’s Orange County and Phoenix offices.
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5 secrets to maximize profits on rental homes

Landlording ain't easy but it's necessary
June 16, 2014
To help out those newly minted landlords and the mom-and-pop operations that are growing their REO-to-rental, here are five ways to maximize your returns on rental housing
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KBRA's Whalen: Are US home prices falling?

Half of all sales went to investors
June 4, 2014
The more difficult question for many observers to understand is why home prices are starting to soften now. And there are 3 troubling signs for housing ahead.
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Monday Morning Cup of Coffee: VRM reaches REO milestone

Will spring selling season bloom?
June 2, 2014
VRM Mortgage Services announced today that it has listed, managed and sold more than 500,000 REO properties since the company was founded eight years ago, plus a roundup of economic news.
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Could crowdfunding help finance rental investments?

Industry expects 5 more securitizations this year alone
May 13, 2014
For those who are looking for property investments, but don't want to deal with the collateral side, crowdfunding could be an option. But like the emerging REO-to-rental asset class, it's still in its early stages.
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