Fannie Mae Is Giving Home Buyers and Real Estate Agents to SELL REO's
So it seems Fannie Mae is doing all it can to unload its massive quantities of REO inventory. When I say massive, I mean the 129,310 single family bank-owned properties — or REOs, as they're called — it held at the end of Q2, which is more than twice what it was...
Home Prices Down…More Short Sales to Come
Ally Financial legal issue with foreclosures may affect other mortgage companies
Some of the nation's largest mortgage companies used a single document processor who said he signed off on foreclosures without having read the paperwork - an admission that may open the door for homeowners across the country to challenge foreclosure proceedings. The...
Dinah Shores Mid-Century Palm Springs Home…asking $5,995,000
The Palm Springs “tennis estate” once owned by the late singer/TV personality Dinah Shore is on the market for $5,995,000. But, for anyone who knows anything about Dinah, putting the sport “tennis” next to Shore’s name — even if it is just real estate marketing for...
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