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Tag Archives: forclosure
Shadow Inventory Pushes Foreclosures to New Heights
Two reports from separate credit rating agencies are drawing the same conclusion: Foreclosures will reach new heights this year, even after setting records in 2010. ”DBRS expects foreclosure filings and completed foreclosures to reach record levels in 2011 as alternatives … Continue reading
Putting foreclosures on hold will cost lenders
In a letter sent to servicers, Fannie Mae said it will now review the compensatory fees due to servicers in cases where the government sponsored entity feel servicers are unnecessarily delaying foreclosure. It says that loans “must not be put … Continue reading
Posted in Foreclosure, REO, Real Estate News
Tagged Fannie Mae, FHA, forclosure, HAFA, HAMP, real estate news, REO
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