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Fannie Mae tries partnerships with investors to sell foreclosures - Sun-Sentinel


Fannie Mae tries partnerships with investors to sell foreclosures
Sun-Sentinel
By John Gittelsohn and James Nash, Bloomberg News Fannie Mae's plan to convert foreclosed homes into rentals through sales to investors hinges on offering concentrated packages of properties in areas such as Florida, Arizona and Southern California ...

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Own Vs. Rent Riles Government Housing Policy - CNBC.com


Own Vs. Rent Riles Government Housing Policy
CNBC.com
That's why the federal regulator overseeing the two is launching a bulk sale program, offering investors the chance to buy foreclosed properties at a discount, as long as those investors turn the properties into viable rentals for a specified number of ...
Foreclosure solutions offered by the FedsHULIQ
Federal Reserve Board's White Paper On The U.S. Housing Market: Private Equity ...Mondaq News Alerts (registration)

all 6 news articles »

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New York sues 3 big banks over use of mortgage registry database - Los Angeles Times


Los Angeles Times

New York sues 3 big banks over use of mortgage registry database
Los Angeles Times
"Once the mortgages went sour, these same banks brought foreclosure proceedings en masse based on deceptive and fraudulent court submissions, seeking to take homes away from people with little regard for basic legal requirements or the rule of law.
Mortgage fraud unit co-chair sues biggest banksUSA TODAY
NY Attorney General Schneiderman Accuses Banks, Mortgage Registry of Illegal ...International Business Times
AG brings suit against banks mortgage practicesAlbany Times Union (blog)

all 361 news articles »

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Phoenix housing market starting to recover - The Seattle Times


Phoenix housing market starting to recover
The Seattle Times
Values may increase 9 percent this year in Phoenix, as homes in or near foreclosure are bought up, according to Clear Capital. Bank-owned property, which made up two-thirds of sales at the May 2009 market trough, now accounts for only one-third, ...

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St. Louis home prices slow descent - STLtoday.com


St. Louis home prices slow descent
STLtoday.com
Sale prices have been rising in parts of Metro East, breaking the pattern for the rest of the region. The overall decline of local home prices in December was exacerbated by distressed sales - the sale of foreclosed homes or those facing foreclosure.

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