REO

Mark R. Johnson has been promoted to president at LRES Corp., a residential and commercial real estate services company that provides nationwide valuations, REO asset management...

Patrick McClain has joined Altisource Portfolio Solutions as senior vice president, Hubzu auction services. McClain was previously senior vice president, asset management, for Auction.com, where...

There are ways to make default management more efficient for the servicer and less disruptive for the consumer.

The fall hurricanes pushed up the mortgage delinquency rate to 5.17% of all mortgages in the fourth quarter of 2017, an increase of 29...

Safeguard Properties has introduced a next-generation multimedia application that allows field services workers to use panoramic photos, video and audio to document their work...

BLOG VIEW: During the height of the Great Recession, with residential mortgage default frequency and severity at historical highs, an avalanche of consumer relief...

Although the the total number of foreclosure actions on residential properties throughout the U.S. continued to decrease in 2017 - down 27% from 2016...

Serious delinquencies (90 days or more past due) increased in December due to the effects of hurricanes Harvey, Irma and Maria, which struck Texas,...

The total number of foreclosure filings - including default notices, scheduled auctions and bank repossessions - on U.S. residential properties decreased 27% in 2017...

PERSON OF THE WEEK: Rob Pajon is senior vice president, marketing and product, with U.S. Real Estate Services (USRES), a company focused on REO...

The national mortgage delinquency rate as of the end of October stood at about 5.1%, an increase of 0.1 percentage points compared with October...

There are more than 24,000 tax agencies or taxing authorities across the country - each with its own rules, processes and guidelines.

Amit Aggarwal has joined Auction.com, an online real estate transaction marketplace focused exclusively on the sale of bank-owned and foreclosure properties, as the company’s...

Mortgage Contracting Services (MCS), offering title, valuation, property preservation, REO maintenance, inspection and other services, is buying the property preservation division of Carrington Home...

To better reflect what it does, Computershare Mortgage Solutions, a Computershare Loan Services company that provides REO asset management, valuation and title services, has...