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Despite moratoria, foreclosures increase 20% in October

Housing Wire

As for foreclosure filings – including default notices, scheduled auctions or bank repossessions – approximately 11,673 U.S Bank repossessions on REO homes (real-estate owned) were also up 28% from last month for a total of 2,577 U.S properties filed in October. Presented by: Sutherland. properties.

Banks 497
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Financial services firm Consolidated Analytics acquires Real Info

Housing Wire

Financial services firm Consolidated Analytics acquired Real Info, Inc. — a provider of property data and valuation technology solutions. Consolidated Analytics serves clients in financial services, mortgage lending, servicing and capital markets, including banks, government-sponsored enterprises (GSEs) and originators.

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The current REO market requires an expansion of services for business growth

Housing Wire

Tiffany Fletcher: Real Estate Owned (REO), acquired by lenders , banks, or financial institutions typically due to mortgage loan defaults, involves the strategic marketing and sale of existing properties to mitigate losses on outstanding loans. territories.

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Best Foreclosure Websites to Find Homes

HomeLight

These websites compile data from banks, government agencies, and real estate services to provide comprehensive listings of homes that are being sold due to the owner’s inability to meet mortgage obligations. Get Started What are foreclosure websites? Inventory on the BofA site is limited.

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The 13 Best Real Estate Investing Classes Online 2025

The Close

These courses have hundreds of on-demand videos covering writing a business plan , balance sheets, financing, pricing, technology, and tons more. Whether you own one unit or building or want to scale your business to the next level, Baselane can help. Baselane is a new banking platform built specifically for independent landlords.

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How to Sell a House from Out of State: Long-Distance Guide

HomeLight

Whether you inherited a home on the opposite coast or are finally selling a pre-pandemic condo that’s too small to support working remotely, selling a house from out of state will eventually be freeing and hopefully a blessing to your bank account. What's Your Out-of-State Home Worth? Foreclosure.

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Flipping Houses in New York: 5 Cities to Consider

HomeLight

Manufacturing, which has long been the staple of Buffalo’s economy , has fallen off in the past few years, but the city has successfully shifted growth to its technology, health, and education sectors. Its technology sector has expanded in recent years, becoming an important part of its economy. increase over 2022. Wise agrees.