Bulk Foreclosure Sales Could Cause Bigger Bank Write-Downs

As government, federal regulators and big-money private investors try to figure out a plan for bulk sales of foreclosed properties, big banks are already making deals, but they are few and far between....

Santander feels pain of real estate hangover

MADRID (Reuters) - Santander , the euro zone's biggest bank, reported a sharp drop in annual profit after it set aside money to cover foreclosed Spanish property, anticipating government demands for lenders ...

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.

Turning Foreclosures Into Rentals

Federal officials hope to launch a pilot program in early 2012 to convert government-owned foreclosures into rental properties. ...

Landlords in Pinstripes

Buyout funds are raising billions to convert foreclosed homes into rentals, which Washington hopes will improve the housing market