REO

First-time homebuyers face growing competition from out-of-state investors and corporate landlords looking to capitalize on Boise's increasing rents.

Colorado was a leader when it came to missed mortgage payments and foreclosures in the years before the 2008 financial crisis. Now, no state can compare when it comes to borrowers who are timely on their mortgage payments and hanging onto their homes.

Secretary of Housing and Urban Development Ben Carson appeared not to recognize a commonly known real estate term during a congressional hearing on Tuesday.

The distressed mortgage market continues to dry up, with delinquencies shriveling to a record low rate and foreclosure filings dropping annually for 10 consecutive months.

Commercial mortgages placed into special servicing grew last year, but default and foreclosure dollar volume fell as legacy loan resolutions outpaced newly distressed loans, according to Fitch Ratings.

The number of properties with foreclosure filings dropped to the lowest quarterly amount since the Great Recession, according to Attom Data Solutions.

The money for a proposed $300 million sports complex at a foreclosed famed New York Catskills Mountain hotel was not produced by a March 22 deadline.

In what some real estate professionals are referring to as part of the "after-effects" of the recession, is a spike in the sale of foreclosures across Staten Island.

A year after forming, the Erie County, Pa., land bank is compiling a list of blighted, tax-delinquent properties outside the city that need to be demolished or rehabilitated.

Late payments on loans backing commercial mortgage bonds continued falling at the start of the year, due to strong new issuance volume and continued resolutions for precrisis loans by special servicers, according to Fitch Ratings.