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Home | Tag Archives: REO

Tag Archives: REO

A Decade of Change in the Mortgage Industry

In the 10 years since Auction.com launched as a brand, a lot has changed in our industry. Both traditional REO and foreclosure sales have made a paradigm shift in the way transactions are handled. Editor's Note: This feature originally appeared in the September issue of DS News, available now.

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Elevating Business in the REO Landscape

The reality is that REO inventories are down and it is more and more difficult for brokers to get business that used to come readily. What can you do to get more business when there is less inventory? How can you get more business when there is actually less business out there? Editor’s Note: This feature first appeared in the September issue of DS News available now.

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Leading the Field

With the real estate landscape constantly changing, we spoke with Keith Guenther and the USRES team to get their playbook of customer service commandments culled from 25 years in an up-and-down industry. This article was originally featured in the July print edition of DS News.

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Jill Haro to be VP of Corporate Administration at LRES

LRES recently named Jill Haro as VP of Corporate Administration. In this role, Haro will oversee compliance and corporate-wide strategic projects. Haro has more than 15 years of experience working within the mortgage services industry in operations, client relations, and corporate project management.

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Tiffany Malm-Ruiz to Oversee REO at USRES

U.S. Real Estate Services, Inc. (USRES) announced Monday that Tiffany Malm-Ruiz has joined the USRES Management team. Malm-Ruiz will be responsible for the oversight and management of the REO Division alongside Gene Shibata, REO Supervisor, and is in charge with REO client relations, compliance adherence benchmarking, procedural analysis/audit, policy review/analysis, and other managerial responsibilities. Her experience boasts a broad understanding of mortgage servicing, operations, and vendor and asset management.

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Virginia Law Firm Welcomes Associate

Rosenberg & Associates, LLC, has welcomed Sarah Tozer to its Vienna, Virginia office. Rosenberg & Associates provides foreclosure, title curative, bankruptcy, eviction, litigation, and REO services in Maryland and Washington, D.C., in addition to Virginia.

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Distressed Sales at 9-Year Low

The distressed sales share for December 2016 and the full year distressed sales share were both the lowest distressed sales share for any month since 2007. Before the housing crisis, distressed sales averaged around 2 percent, and the share is expected to reach that point again by mid-2018.

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Foreclosures and the Year Ahead

In some areas of the country, foreclosures are at a standstill. Daren Blomquist, SVP of ATTOM Data Solutions looks into these stagnant foreclosures and what is next for the distressed housing market.

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