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 ...
US banks start to demolish foreclosed properties
October 13, 2011 [AHN] Vittorio Hernandez – AHN News Cleveland, OH, United States – Some U.S. banks have started to ...
Bulldozing Easier than foreclosing (The Fiscal Times)
The sight of excavators tearing down vacant buildings Cleveland buildings has become common in this foreclosure-ravaged city, where the housing crisis ...
Banks turn to demolition of foreclosed properties to ease housing-market pressures
October 13, 2011 [Brady Dennis]Cleveland — The sight of excavators tearing down vacant buildings has become common in this foreclosure-ravaged ...
One Solution to Rundown Foreclosed Houses? Bulldoze Them
August 17, 2011 [Alter NOW] Several banks have found a new solution to the glut of foreclosed houses – many ...
Bulldoze: The New way to Foreclose
August 1, 2011 [Stephen Gandel, TIME] Banks have a new remedy for America’s ailing housing market: bulldozers. There are nearly ...
Hit with foreclosures, Bank of America donating, demolishing homes
July 28, 2011 [Lindsey Rupp, Bloomberg News] NEW YORK — Bank of America Corp., faced with a glut of foreclosed ...
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 ...
Wells Fargo, Bank of America donating properties to Cuyahoga Land Bank (Collinwood Observer)
The Cuyahoga County Land Reutilization Corporation (Cuyahoga Land Bank) has gained some welcome collaboration in the battle to alleviate the ...
Wells, BofA donate vacant foreclosures to Cuyahoga land Bank
June 28, 2011 [Housing Wire] Wells Fargo ($40.66 0%) and Bank of America ($12.93 -0.26%) will donate a number of ...
Land Bank cashes in
June 28, 2011 [Rick Jackson, Ideastream] The effort to clear Cuyahoga County of derelict homes and properties got a big ...