Archive for 'Tag Archives: 'foreclosures''

Will REOs Hamper a Housing Recovery?

The nation’s largest banks and mortgage lenders currently own more than 872,000 homes — properties in which they repossessed from foreclosure, according to RealtyTrac. That is nearly twice the amount they repossessed in 2007, when the [...]

Navigate the Foreclosure Fiasco

By Robert Freedman, senior editor, REALTOR® Magazine [Editor's Note: The announcement that Bank of America and GMAC would resume some foreclosures changes the situation somewhat, but there is still a great deal of uncertainty surrounding the remaining [...]