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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.
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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.
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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.
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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.
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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.
Filed Under: Seattle Foreclosure Tagged With: , , , , , ,
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