Other Real Estate Owned is a bank accounting term that refers to real estate owned by a bank that is not directly related to ...
VA- and FHA-backed mortgages helped drive the increase in property volume, but sales did not maintain the same pace, ...
Bank real estate agencies specialise in marketing properties acquired by the banks, most of which come from foreclosures.
Homes are being snatched back by lenders at alarming rates nationwide - but in five states, the crisis is hitting especially hard.
From Florida condos to Midwestern cities, a sharp rise in home seizures signals mounting strain on American homeowners.
Low-rate loan assumptions draw renewed attention as buyers seek alternatives in a high interest rate market. BOCA ...
The U.S. Supreme Court declined to hear Emigrant Bank’s appeal, ending the bank and its mortgage company’s nearly 15-year ...
In 2025, for the second year in a row, institutional investors purchased 6.6 percent of all homes sold in the U.S., with particularly high rates in Tennessee and Texas (9.2 percent of all sales); ...
A nearly $365 million loan default has led to Deutsche Bank acquiring three buildings via a deed-in-lieu of foreclosure.
For 13 years in a row, South Shore’s multifamily market had an argument for being crowned the hottest in Chicago. From 2011 ...
Developers of a delayed sports complex in Johnston must either pay back pre-development grants or sell the land to the city.
NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), reported net income of $10.8 million, or $0.81 per basic share ...