Banks Principal Short sale 
Housing Wire
JULY 1, 2022
Banks reported an increase in foreclosures during the first quarter of 2022, according to a quarterly survey published by the Office of the Comptroller of Currency this week. Home forfeiture actions, including completed foreclosure sales, short sales, and deed in-lieu-of- foreclosure actions also grew by 26.8%
Keeping Current Matters
JULY 28, 2021
million households lost their home to a foreclosure, short sale, or because they simply gave it back to the bank. The 10% equity number is important because it enables homeowners to sell their houses and pay the related expenses instead of facing the hit on their credit that a foreclosure or short sale would create.
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Calculated Risk Real Estate
SEPTEMBER 8, 2023
The Fed noted this increase in demand for HELOCs in the October 2022 Senior Loan Officer Opinion Survey on Bank Lending Practices : “banks reported tighter standards and stronger demand for home equity lines of credit (HELOCs).” 1 (sometimes called the Flow of Funds report) released today.
The Residential Specialist
DECEMBER 21, 2022
Experts who worked through The Great Recession of 2008 share how to handle tricky short-sale transactions. With its perfect storm of record-low property values and record-high unemployment, The Great Recession of 2008 triggered a rash of residential short sales. Short sales are not suited to all REALTORS ®.
CT Homes
FEBRUARY 3, 2022
A defining term that emerged shortly after the collapse was the “short sale”. In the years following, short sales were the driving force behind a majority of all total real estate transactions. But what is the short sale process and how does it work? . What is a Short Sale?
Realty Biz
FEBRUARY 12, 2023
We talked to licensed real estate broker Christina Prostano , founder and principal agent of CP Global, who has been working the Manhattan and Brooklyn real estate markets in New York City since 2005. Public records indicate when a bank has served notice that a property is in default, but before it goes to auction,” Christina says. “If
Calculated Risk Real Estate
JUNE 8, 2023
The Fed noted this increase in demand for HELOCs in the October 2022 Senior Loan Officer Opinion Survey on Bank Lending Practices : “banks reported tighter standards and stronger demand for home equity lines of credit (HELOCs).” 1 (sometimes called the Flow of Funds report) released today.
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