REOs are bank-owned properties not sold at foreclosure auctions and sold at discount. REOs arise when loan defaults lead to unsuccessful auction sales, necessitating direct sale. Buyers, particularly ...

Bank owned properties, aka real estate owned or REO, are those that have been taken over by lenders due to problems paying the mortgage. These properties may be sold at bargain prices to move quickly.

ATTOM attributes the decline in foreclosure rates and the low number of zombie foreclosures to high homeowner equity. Nearly 1.4 million (1,357,423) residential properties in the United States are ...

Learn how Repo 105 allowed Lehman Brothers to hide debt during the financial crisis, what this accounting tactic involved, and how it prompted regulatory changes.

Meet the Woman Buying Back the Block in Miami Gardens *Shamise Smith, founder of 305 Miami Houses, is leading a powerful real estate revolution in South Florida. Her Black-owned real estate firm is ...

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) reduced the repo rate by 25 basis points to 5.25% from the earlier 5.5%. A repo rate cut trims the cost of borrowing for commercial ...

The National Real Estate Development Council (Naredco) has welcomed the Reserve Bank of India’s (RBI) repo rate cut. “A 25-basis-point cut in the repo rate is an important step towards giving fresh ...