Negative Equity: A New Way of Life in the Recovery 11/22/2013 By: Krista Franks Brock Inbox x

Fast-paced price increases have helped bring many underwater homeowners afloat. In the third quarter, 1.4 million homeowners rose to the surface as their home values once again outranked their equity, according to the Zillow Negative Equity Report released Thursday.   The third quarter drop in negative equity rate was the largest on Zillow’s record, which … More Negative Equity: A New Way of Life in the Recovery 11/22/2013 By: Krista Franks Brock Inbox x

GSEs Update Short Sale Policies 11/25/2013 By: Carrie Bay

Fannie Mae and Freddie Mac announced changes to their Servicing Guides Monday aimed at helping more borrowers avoid foreclosure through short sales and deeds-in-lieu of foreclosure (DILs). Some of the changes are to align with certain Consumer Financial Protection Bureau (CFPB) rules and regulations that implement the mortgage servicing provisions of the Dodd-Frank Act, and … More GSEs Update Short Sale Policies 11/25/2013 By: Carrie Bay

Foreclosure Auction and REO Sales Picked up Pace in October 11/26/2013 By: Ashley R. Harris

RealtyTrac released its October 2013 U.S. Residential and Foreclosure Sales Report, which shows that U.S. residential properties, including single-family homes, condominiums and townhomes, sold at an estimated annualized pace of 5,649,965—a 2 percent increase from the previous month and up 13 percent from October 2012. Home sales continued to dip on an annualized basis in … More Foreclosure Auction and REO Sales Picked up Pace in October 11/26/2013 By: Ashley R. Harris

Auction buys of foreclosed homes jump in October By BLOOMBERG NEWS Saturday, November 30, 2013 at 2:00 am

Purchases of foreclosed homes at auctions jumped last month as banks benefited from surging prices and shunned approvals of sales by homeowners dumping their dwellings at a loss. In October, about 20 percent of repossessed properties sold at U.S. auctions compared with 15 percent in July, said Daren Blomquist, vice president of Irvine, Calif.-based RealtyTrac. … More Auction buys of foreclosed homes jump in October By BLOOMBERG NEWS Saturday, November 30, 2013 at 2:00 am