Foreclosure Delays Stretch Imagination

Over the past month we noticed that Bank of America has been resuming foreclosures on loans originated by Countrywide. As you may recall in October BofA voluntarily imposed a foreclosure moratorium following the robo-signing scandal. We actually expected an increase in activity as lenders began to catch up after these delays and were instead surprised to see foreclosure activity drop in April.

Continue Reading–1 words totally . . . →Read More:Foreclosure Delays Stretch Imagination

Shedding a Little Light on Shadow Inventory

Last week,we posted a blog titled:The Impact of Distressed Properties on Neighboring Values. In the article,we said there would be more distressed properties coming to market in the next six months and that these properties would via Shedding a Little Light on Shadow Inventory. . . . →Read More:Shedding a Little Light on Shadow Inventory

November 2022