DS News

DS News

New Residential, HLSS Terminate Merger, Enter Into Purchase Agreement

By Brian Honea New Residential Investment and Home Loan Servicing Solutions (HLSS) announced the mutual termination of a merger agreement originally announced on February 22 and instead announced the two firms have entered into a purchase agreement. The post New Residential, HLSS Terminate Merger, Enter Into Purchase Agreement appeared first on DSNews. Via:: New Residential, HLSS Terminate Merger, Enter Into …

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DS News Webcast: Tuesday 4/7/2015

By Jordan Funderburk The percentage of short sales and REO sales jumped by 2.2 percentage points in the first quarter of 2015, the largest increase since the first quarter of 2012, according to data released by Clear Capital on Monday. Three years ago, the last time distressed saturation rate experienced an increase that large, nationwide distressed saturation hit … The …

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Report: Short Sales, REO Experience Largest Increase in Three Years

By Brian Honea Investors who sought low prices on distressed inventory with a high return on investment took advantage of opportunities in Q1. With an absence of traditional homebuyers, investors reduced high distressed saturation rates by creating more demand, thus driving up home prices in key recovering metros, according to Clear Capital. The post Report: Short Sales, REO Experience Largest …

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Freddie Mac Announces STACR’s Inaugural Actual Loss Transaction

By Brian Honea While this STACR offering will be similar to Freddie Mac’s recent STACR transactions, the difference will be that losses will be allocated based on actual losses realized on the related reference obligations as opposed to allocating losses to the debt notes based on a fixed severity approach. The post Freddie Mac Announces STACR’s Inaugural Actual Loss Transaction …

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DS News Webcast: Monday 4/6/2015

By Jordan Funderburk Distressed property sales accounted for just 12.7 percent of residential real estate transactions nationwide in 2014, the lowest share since 2007, according to Black Knight’s February 2015 Mortgage Monitor released today. The share of distressed sales for 2014 was down from 17 percent reported for 2013. The distressed sales share reached its peak in 2011 … The …

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Distressed Sales Share Falls to Lowest Level in Eight Years

By Brian Honea Distressed sales (short sales and REO properties property sales) accounted for just 12.7 percent of residential real estate transactions nationwide in 2014, the lowest share since 2007, according to Black Knight’s February 2015 Mortgage Monitor released today. The post Distressed Sales Share Falls to Lowest Level in Eight Years appeared first on DSNews. Via:: Distressed Sales Share …

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