Reading Time: < 1 minute…Yet, most underwater homeowners are current on their mortgages, with nine in 10 continuing to make their payments on time. Also, just 10.1 percent of underwater homeowners are more than […]
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REO Properties Devoured by Investors – Realty Trac
Reading Time: < 1 minuteNationwide, investors are buying REO real estate, rehabbing them and either renting them out for cash flow or putting them back into the market for re-sale.
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Read moreForeclosure Inventory Still High, but its Much Lower in Judicial States – DS News
Reading Time: < 1 minuteWhile delinquencies saw a decline and reached their lowest level since August 2008, foreclosure inventory stayed near historic highs, according to data from the March Mortgage Monitor report released by Lender Processing Services (LPS).
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