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There's quite a bit of inventory out there that would have otherwise been returned to the market but for unduly harsh political theater writes the CEO of the National REO Brokers Association.
July 7National REO Brokers Association -
Over one-third of the struggling borrowers who received recast loan terms in the first quarter cut their monthly obligation by 20% or more.
June 26 -
Some borrowers reportedly balk at moving to longer terms to modify as the popping of tiny housing bubbles potentially puts new strain on performance.
June 22 -
The legislation makes a temporary policy that more than 1,500 distressed homeowners have used a long-term legal requirement, according to RIHousing.
June 16 -
Real-estate owned numbers experienced a particularly large 38% rise from the previous month while filings climbed back to March levels after slipping in April.
June 9 -
But more potential owner-occupants are entering this market as a result of tight housing market conditions, Auction.com found.
June 1 -
The bill would provide up to 18 months of relief to homeowners still financially impacted from the storm and would apply retroactively to payments missed since September 2021.
May 10 -
Tax lien forfeitures have unjustly taken from thousands of homeowners a combined $860 million in remaining proceeds from foreclosure sales, attorneys claim.
April 26 -
The numbers represented an annual surge of 56% after COVID-19 relief measures expired across most of the country
April 21 -
The increases are partly due to the fact that the pandemic-related property backlog is finally moving forward, but it also stems from recent economic weakness.
April 19