Other Real Estate Owned Archives

Texas Ratios Mostly Improve For Lenders

Seven Arkansas lenders recorded Texas Ratios higher than 50 during the third quarter in 2014. Four of those improved their balance sheet by year’s end to fall below that line. read more >

by George Waldon - March 2, 2015, 12:00am

Ron Pender, left, and Barry Cooksey are building houses in the Clower Farms neighborhood in Rogers and on other OREO lots acquired from Benton County lenders. Banks are working to convert into cash property recovered on failed development loans.

Banking & Finance / Construction / Government & Politics

NW Arkansas Real Estate Rebounds, But Benton County OREO Stacks Up

The northwest Arkansas housing market may be rebounding, but lenders remain a familiar sight among the ownership rolls of residential lots and undeveloped acreage all over Benton County. read more >

by George Waldon - June 24, 2013, 12:00am

Improvement work at Bentonville’s Osage Hills and other failed residential projects in Benton County didn’t get very far.

Banking & Finance / Real Estate

Benton County Residential OREO Sampler

A bank-by-bank look at some of the Other Real Estate Owned properties in Benton County, which includes residential lots and undeveloped acreage. read more >

by George Waldon - June 24, 2013, 12:00am

Banking & Finance / Real Estate

OREO Totals Remain High 5 Years After

The combined OREO total for the 27 lenders — encompassing property in Benton County, around the state and across the nation — is more than five times greater than the total five years ago: more than $3.9 billion versus $723 million. read more >

by George Waldon - June 24, 2013, 12:00am