Brooke Carillo To Join As Chief Financial Officer Redwood Trust, Inc.(NYSE: RWT), a leader in expanding access to housing for homebuyers and renters, announced that Brooke Carillo will join Redwood to serve as its next Chief Financial Officer. Ms. Carillo is expected to start at...
Year: 2021
Court Strikes Down Eviction Ban
U.S. District Court Judge Dabney L. Friedrich of the District of Columbia struck down a nationwide eviction moratorium Wednesday, calling it unlawful. Friedrich's ruling applies nationwide. The eviction ban was put in place last year by the Trump administration using public health powers granted...
MOST DISTRESSED PROPERTY BUYERS ARE LOCAL INVESTORS REHABBING AND RESELLING TO OWNER-OCCUPANTS
87 percent purchased five or fewer investment homes in 202078 percent purchase most investment properties within driving distance62 percent rent occupied properties back to current occupants Auction.com, the nation’s leading distressed real estate marketplace, released its 2021 Buyer Insights...
Top 5 Best Days To Sell A Home Occur In May According To New ATTOM Analysis
Home sales over last ten years prove spring and summer months offer best premiums; Home sellers on average realize 8.8 percent premium above market value ATTOM Data Solutions, curator of the nation's premier property database, released its annual analysis of the best days of the year to sell...
Black Knight: Inflow of New Mortgage Delinquencies Drops to Record Low in March; April Payment Data Suggests Further Improvement Likely
- 217,000 homeowners became past due on their mortgages in March, the lowest such delinquency inflow of any month on record - At the same time, cures spiked in the month as a variety of calendar and economy-driven factors resulted in the second largest delinquency rate decline ever recorded - The...
LendingHome Loans $219 Million in March, Surpassing Previous Monthly Record
Rising number of real estate investors turn to San Francisco lender for financing needs LendingHome, one of the nation’s largest lenders to real estate investors, announced the company in March surpassed $200 million in funding volume for the first time — eclipsing the previous monthly record....
A Record 1 In 4 Single-Family Homes for Sale In the First Quarter Were New Construction
New construction is taking up a bigger piece of the pie as low mortgage rates and surging homebuyer demand make homebuilding more attractive during the coronavirus pandemic More than a quarter (25.7%) of single-family homes for sale in America during the first quarter were new-construction homes,...

U.S. Foreclosure Activity Continues to Increase Despite Government Moratorium
Number of Homes Flipped by Investors Decreases for First Time Since 2014 ATTOM Data Solutions, licensor of the nation’s most comprehensive foreclosure data and parent company to RealtyTrac (realtytrac.com), released its Q1 2021 U.S. Foreclosure Market Report, which shows there were a total...

Single-Family Rentals Have More Runway Ahead
Institutional Investors Reconsider the ‘Get Out’ Portion of Their Initial ‘Get In, Get Out’ Purchase Strategy by Steven Katz These days, it is rare to pick up any real estate publication and not see a single-family rental (SFR) headline near the top of the page. Industry attention and...