Foreclosure mess scares off homebuyers: Campbell/Inside Mortgage Finance

A new report today from Campbell/Inside Mortgage Finance shows distressed sales, that is bank-owned properties (REO’s) and short sales, where the home is sold for less than the value of the mortgage, made up 47 percent of all home sales in December. McDonald’s May.

According to the latest Campbell/Inside Mortgage Finance Monthly Survey of Real Estate Market Conditions, the ongoing controversy surrounding foreclosures is taking its toll on the housing market as a significant share of home shoppers refused to even look at distressed properties in October.

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Hilco was engaged as A&P’s exclusive real estate consultant to advise on and assist with both the.Foreclosure mess scares off homebuyers: Campbell/Inside Mortgage Finance Foreclosure mess scares off homebuyers: Campbell/Inside. – The ongoing controversy surrounding foreclosures is taking its.

Foreclosure mess scares off homebuyers: Campbell/Inside Mortgage Finance Mortgage-backed securities issued by private firms now represent about 4.5 percent of the market, according to data from Inside Mortgage Finance and the Urban Institute. In 2006, the peak of the.

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The ongoing controversy surrounding foreclosures is taking its toll as homebuyers refused to look at distressed properties in October, and foreclosure sales suffered from delays, according to the.

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Reports of foreclosure disputes are sending buyers scurrying from short sales and transactions involving REO properties, on top of cancellations and delays stemming from servicing issues. Along with a reduction in the market share of foreclosure sales, fall-off in demand among investors and buyers.

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