The operator of real estate auction platform Hubzu reports a $53.4 million 2022 net loss, with revenue falling 15 percent to $144.5 million. Source: Inman…
Posts published in “reo”
While growing loan servicing business remains profitable, according to Q3 earnings, paper gains on servicing rights could evaporate if interest rates fall and borrowers refinance…
Citing impact of rising rates on mortgage originations, Mr. Cooper laid off 250 workers during the first quarter, with more reductions in store. Source: Inman…
Distressed property marketplace Sundae is financing investor purchases as it expands into several new markets in the Carolinas and Tennessee. Source: Inman News
The niche REO market has traditionally been difficult to break into, but technology creates more opportunities for agents to learn the business and connect with…
A total of 11,673 U.S. properties had foreclosure filings in October 2020, according to a new report from Attom Data Solutions. Source: Inman News
Going remote isn’t just a new trend in the standard workforce — it’s also on the rise among real estate investors. Source: Inman News
In this recurring column on all things agent and broker finance, Jack Gross explains why establishing financially savvy habits starts with self-awareness and how he…
Despite the controversy that has swirled around his tenure, following the Oreo incident, Ben Carson attempted to downplay his apparent confusion. Source: Inman News