Fannie "Real Estate Owned" Inventory & Bankruptcy Health News

A summary of the latest trends in real estate

Fannie "Real Estate Owned" inventory Decreased 10% in Q2 2024

Fannie reported results for Q2 2024. Here is some information on single-family Real Estate Owned (REOs). Fannie Mae reported the number of REOs decreased to 7,179 at the end of Q2 2024, down 10% from… Read more

Take a look inside the LA home Elon Musk is foreclosing on, which once belonged to Hollywood royalty

The Bel-Air home is facing foreclosure, with Elon Musk's team moving to reclaim the property after missed payments from Wilder's nephew and his wife. Business Insider

CEO of failing hospital chain got $250M amid patient deaths, layoffs, bankruptcy

Steward Health Care System, run by CEO Ralph de la Torre, filed for bankruptcy in May. Ars Technica

Meet the 35-year-old CEO who wants to turn around bankrupt Red Lobster

Damola Adamolekun, former P.F. Chang's CEO, is set to lead Red Lobster as it emerges from bankruptcy., Business Insider