DSNews.com - Loss Severity on Short Sales 13% Lower than REO: Report
Over the past year, the mortgage risk analysis firm Clayton Holdings says it has witnessed an overall increase in short sale activity. Because of the growing emphasis on keeping borrowers out of foreclosure, servicers are becoming more inclined to employ alternative loss mitigation strategies. And Clayton says the added benefit to servicers is that loss [...]
Washington Town Sells for $360k on eBay
With the home prices dropping around the country it’s no surprise to find a great deal on a home, but now it looks as if the bargains have extended even further than we ever thought possible.
There are always a number of unusual items for sale on eBay, but it’s not every day that you see [...]
