On Foreclosures, Uncle Sam Courts Investors

On Wednesday, a U.S. housing regulator invited investors to submit initial applications so they can bid on pools of foreclosed properties owned by Fannie Mae.

Fannie Mae Partners Seek Bulk Buys in Cities Headed for Recovery

Fannie Mae’s plan to convert foreclosed homes into rentals through sales to investors hinges on offering concentrated packages of properties in areas such as Florida, Arizona and Southern California where a real estate recovery may happen soonest, according to prospective investors.

GTJ swells with foreclosure wave, readies for its ebb

In a drought, sell water. In a flood, sell boats. In a plague, sell coffins. And in a foreclosure crisis, maintain vacant properties.

City’s business of fighting blight is through use of Sheriff’s auctions

Dilemmas involving property holders who moved away or can’t afford repairs, along with ownership questions and other issues, make New Orleans one of the nation’s most blighted cities — in the company of Detroit and Flint, Michigan and Cleveland.

Foreclosures made up 20 pct. of home sales in 3Q

Foreclosures made up a smaller slice of all U.S. homes sold in last year's third quarter, as banks delayed placing properties for sale and home sales slowed.