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Fannie and Freddie Results in Q1: REO inventory declines, “Lower demand for foreclosed properties”

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Fannie and Freddie Results in Q1: REO inventory declines, “Lower demand for foreclosed properties”

From Fannie Mae: • Fannie Mae reported net income of .3 billion, the company’s ninth consecutive quarterly profit, and comprehensive income of .7 billion for the first quarter of 2014.• Fannie Mae’s financial results for the first quarter of 2014 included .1 billion in revenue from legal settlements relating to private-label securities lawsuits.• Fannie...
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NY Times: The Glut of Foreclosed Homes

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NY Times: The Glut of Foreclosed Homes

From Eric Dash at the NY Times: Banks Amass Glut of Homes, Chilling Sales The nation’s biggest banks and mortgage lenders have steadily amassed real estate empires, acquiring a glut of foreclosed homes that threatens to deepen the housing slump and create a further drag on the economic recovery. All told, they own more...
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How do I get into real estate investments through foreclosed properties with no money and bad credit?

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Question by ernest N: How do I get into real estate investments through foreclosed properties with no money and bad credit? I am looking into real estate foreclosures in oklahoma and they it seeems interesting.The bidding starrts at 2/3 of what the assessor thinks the house is worth but the market valuse of the...
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how do i buy a foreclosed house which is real estate owned?

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how do i buy a foreclosed house which is real estate owned?

Buying an REO property has many benefits but there are important details that you need to be aware of when buying an REO property. You can read more at: sccrealestateuncensored.com/2008/buy-reo/ micasamidinero.com/2008/comprar-reo/ Video Rating: 0 / 5 Question by tumulty02: how do i buy a foreclosed house which is real estate owned? I Found a...
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