Fannie to Allow Walkaways by On-Time Borrowers: Mortgages (Bloomberg)
Fannie Mae (FNMA) and Freddie Mac will let some borrowers who kept up payments as their homes lost value erase ...
We’re not trying to be flip — there’s money to be made in foreclosures (Crain’s Cleveland Business)
Cleveland is one of the markets where investors stand to make big gains from buying foreclosures on the cheap and ...
Foreclosure Deal May Help State Budgets (Bloomberg)
Wisconsin (STOWI1) plans to use part of its $140 million share of the national foreclosure settlement to fill a budget ...
Cleveland Disassembles Itself in Face of Property-Value Plunge
December 21, 2011 [Mark Niquette, Bloomberg] Demolition contractor Craig Crawford has a foundation-level view of Cleveland’s housing market, and he ...
BofA donates then demolishes houses to cut glut of foreclosures
July 27, 2011 [Lindsey Rupp, Bloomberg News] Bank of America Corp. (BAC), faced with a glut of foreclosed and abandoned ...