The Investor Insights

This month, Freddie Mac announced all mortgage servicers must decide on a short sale within 60 days. This rule goes into effect June 15, 2012. A short sale occurs when a lender agrees to sell a mortgage for less than the amount owed. It is often used as an alternative to foreclosure because foreclosure can [...]

Last month, we discussed the overwhelming inventory of REO homes currently residing in the Federal Housing Finance Agency’s inventory. Federal Reserve Chairman Ben Bernanke wants to start a national REO rental program. But the agency may have seen the light – or at least a glimpse of it. They know they need someone to manage [...]

A hot topic in Washington, D.C. this month is what to do with 3 million REOs currently in holding by the Federal Housing and Finance Agency. The popular answer is to make the government agency the largest landlord in America. Does this help or hurt the investor market and, more importantly, the recovery of the [...]

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 [...]

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 [...]