Foreclosed Homes in U.S. Selling at 28% Discount (Update1) (Bloomberg)
January 27, 2010 by Yahoo! News Search Results for foreclosure · Leave a Comment
Jan. 26 (Bloomberg) — People who buy foreclosed U.S. homes get an average discount of 28 percent off the price of similar properties that haven’t been seized by banks, according to a study released today by real estate data provider Zillow.com.
U.S. May Retool Mortgage Program to Help Underwater Homeowners (Bloomberg)
January 27, 2010 by Yahoo! News Search Results for foreclosure · Leave a Comment
Jan. 27 (Bloomberg) — The Obama administration’s $300 billion Hope for Homeowners program may be retooled to help the growing number of Americans who owe more than their properties are worth as current anti-foreclosure efforts fail to account for these “underwater” borrowers.
U.S. May Retool Mortgage Program to Help Underwater Homeowners (Bloomberg)
January 27, 2010 by Yahoo! News Search Results for foreclosure · Leave a Comment
Jan. 27 (Bloomberg) — The Obama administration’s $300 billion Hope for Homeowners program may be retooled to help the growing number of Americans who owe more than their properties are worth as current anti-foreclosure efforts fail to account for these “underwater” borrowers.
Deutsche Bank Unit Loses Iconic Philadelphia Tower, WSJ Says (Bloomberg)
January 26, 2010 by Yahoo! News Search Results for foreclosure · Leave a Comment
Jan. 27 (Bloomberg) — Deutsche Bank AG’s RREEF America REIT III real estate fund handed over a 29-storey tower at 2000 Market Street in Philadelphia as part of its efforts to restructure $1.2 billion of debt, the Wall Street Journal reported, citing people familiar with the transaction.
U.S. May Retool Mortgage Program to Help Underwater Homeowners (Bloomberg)
January 26, 2010 by Yahoo! News Search Results for foreclosure · Leave a Comment
Jan. 27 (Bloomberg) — The Obama administration’s $300 billion Hope for Homeowners program may be retooled to help the growing number of Americans who owe more than their properties are worth as current anti-foreclosure efforts fail to account for these “underwater” borrowers.