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 minute Nationwide, 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 minute While 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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