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So far retsell has created 8623 blog entries.

REO Sales Moving Online

With more distressed sales impacted by foreclosure moratoriums and forbearances due to the COVID-19 pandemic, buyers are going digital at an accelerated rate. The post REO Sales Moving Online [...]

7.7% of Mortgage Now in Forbearance

The loans in forbearance account for $890 billion in unpaid principal and includes 6.4% of all GSE-backed loans and 11% of all FHA/VA loans. The post 7.7% of Mortgage [...]

Mortgage Industry Shifting Its Standards

Tightening mortgage standards are due in part to Fannie Mae and Freddie Mac agreeing to buy loans in forbearance. The post Mortgage Industry Shifting Its Standards appeared first on [...]

Unemployment Rate Skyrockets to 14.7%

The U.S. economy lost 20.5 million jobs in April and the unemployment skyrocketed to 14.7%, according to the U.S. Bureau of Labor Statistics (BLS).  The unemployment rate rose from [...]

Preparing for Another Economic Downturn

With several pillars of support set to expire, including forbearance programs, here's why the U.S. could hit another economic slump. The post Preparing for Another Economic Downturn appeared first [...]

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