Repo Homes
Listings of Repo Homes to Grow as Default Rates Rose
John Evan Miller / November 24th, 2009
Listings of repo homes are expected to grow in many areas of the country because of the rise in default rates in October, based on data from research firm LPS Applied Analytics. More >>
Repo Homes for Sale Attracting More Investors, Survey Says
John Evan Miller / November 12th, 2009
Repo homes for sale have been attracting more and more investors across the country, according to Move.com. More >>
Lenders: Repo Home Prevention Goal Within Reach
John Evan Miller / July 20th, 2009
Some of the biggest loan services in the country claimed that they have modified or refinanced a considerable number of distressed loans, and thus, helping many homeowners save their … More >>
Jumbo Loans to Buy Higher-Priced Repossessed Houses for Sale
John Evan Miller / July 9th, 2009
One of the main reasons for the slower pace in the sale of higher-priced repossessed houses for sale is the difficulty in obtaining jumbo loans. More >>
New Appraisal Law Uses Repo Houses for Sale As Comparables
John Evan Miller / July 8th, 2009
Many builders, consumers, lenders and real estate agents are complaining over the new appraisal rules that resulted to lowballed valuations, which means appraising a property way below its … More >>
New York Repo Homes Fraudster Arrested
John Evan Miller / May 28th, 2009
New York's repo homes fraud prevention effort has made progress with the arrest of Anita Bareja, a former loan officer at EFI Capital Corp., a mortgage brokerage firm. She is charged … More >>
Repo Homes Scammer Gets 10 Years in Prison
John Evan Miller / April 23rd, 2009
Lizette Morice, a 42-year-old businesswoman from Ewing Township, New Jersey, has been sentenced by a court in Philadelphia to ten years in prison for recruiting almost 2,800 people to … More >>
Sacramento Repo Homes Auctioned Off Quickly
John Evan Miller / April 23rd, 2009
A total of 190 repo homes were sold for a total of $21 million by auctioneers Real Estate Disposition Corp. and Hudson & Marshall in Sacramento last weekend. More >>
Repo Homes – Sell at Bargain Prices or Keep as REO Rentals?
John Evan Miller / April 22nd, 2009
After Fannie Mae, Freddie Mac and most mortgage banks lifted their foreclosure moratoriums in March and pushed up their inventories of repo homes to higher levels, they are now split on … More >>
Advocates Help Homeless Occupy Repo Homes
John Evan Miller / April 14th, 2009
Community advocates have been helping homeless families squat on repo homes in Atlanta, Louisville, Miami and other cities across the country. More >>
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