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Property services company MCS enters reverse mortgage space

Housing Wire

has been in business for more than 50 years and offers regulatory compliant default, rental and real estate-owned (REO) residential and commercial property preservation services. It also says that Five Brothers will be integrated into MCS to offer property preservation, maintenance and renovation services.

Mortgages 448
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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.

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Housing Tech Rundown: Quantarium, Equifax and Ellie Mae

Housing Wire

Artificial Intelligence company Quantarium announced on Thursday its partnership with Valligent Technologies to launch a condition adjusted “Quantarium Valuation Model” for equity lending, broker price opinions and real estate owned valuations.

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The 13 Best Real Estate Investing Classes Online 2025

The Close

Plus, youll learn investment models to assess rental income properties, fix-and-flips, commercial properties, and vacation rentals. You will also gain the expertise to implement innovative investment deal structures and apply real estate investment strategies and techniques for success.

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In Q1 earnings, Longbridge parent expects reverse mortgage market to improve

Housing Wire

He singled out two specific areas: progress on nonperforming commercial loans and real estate-owned (REOs) notes in the Ellington portfolio, and origination improvements at Longbridge. “As This also added to Penn’s commentary about where the company expects future ADE growth to come from.

Mortgages 243
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Land sales haven’t been this strong in a decade

Real Trends

Year over year, land sales rose 6% in 2021, outperforming the pace of acquisitions of other commercial real estate types. According to estimates from NAR based on Federal Reserve Board data on household real estate and the cost of structures, land value accounts for roughly 40% of house hold real estate assets.

Land 108
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Government Websites, Real Estate Agents, A Drive around the Block, And More Ways to Find REO Homes in Your Area

HomeLight

If you’re in the market for real estate, either as an investment or a residence, REO (which stands for “real estate owned” also known as “bank owned”), homes can offer you a deal, but without the hassle of dealing with a foreclosure auction. They’re all great ways to find REO homes in your area.

Agents 104