The distressed real estate market in the United States is fast becoming the much sought after destination for the foreign investors. And it can be said that many foreigners have already made great investments through the distressed properties in the U.S. as pointed out by a study conducted by the realtor professionals and fund managers. [...]
The commercial foreclosure properties are a direct consequence of the bad loans. Though a lot of regulations have been imposed by the government for issuing of loans, a lot of defaults are being reported and this is creating a wave of foreclosure properties. Recently the U.S president has allocated a fund of $30 billion for [...]
Banks Pressed on Second Mortgages – Wall Street Journal Wall Street Pit (blog) Banks Pressed on Second Mortgages Wall Street Journal The ensuing foreclosure is likely more costly for all parties than a short sale would have been. Under an Obama administration program due to begin in the … Home-Saving Loans AfootWall Street Journal all [...]
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