The Investor Insights

RealtyTrac is reporting that the biggest spike in residential foreclosures is set to happen this year. Not LAST year. THIS year. That’s great news for REO investors. Here’s a video that sums it up. In the video you’ll see that… 1) The biggest foreclosure dump in history is just on the horizon. 2) Mortgages that [...]

Ay dios mio. That’s a new saying I just learned a few weeks ago and I can’t quit saying it.  It means OMG in Spanish.  I first heard it when I was in a hotel room in Pueblo, Colorado blow drying my hair when the maid unexpectedly walked in. Two things make this an interesting [...]

U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan recently announced an unprecedented agreement with the nation’s top mortgage lenders to offer selected state and local governments, and nonprofit organizations a “first look” or right of first refusal to purchase foreclosed homes before making these properties available to private investors. The National First Look Program [...]

Apparently loss mitigators can’t read now, either. Foreclosure investors have always complained about the worker bees working in the foreclosure departments at banks and now it looks like they have been right all along. The Washington Post is reporting that “a top federal bank regulator said Thursday that he has directed seven of the nation’s [...]

I just received an email from a loyal Insights reader and customer and it’s disturbing to say the least. He shares an alarming experience he’s having with a Fannie Mae commercial lender and says I’m right on with what I’m preaching about seeking out and doing business with portfolio lenders. I read your article on [...]