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Wall Street as Landlord: Blackstone Going Public with a $10 Billion Bet on Foreclosed Homes - Wall Street Journal


Wall Street Journal

Wall Street as Landlord: Blackstone Going Public with a $10 Billion Bet on Foreclosed Homes
Wall Street Journal
Jonathan Gray of Blackstone Group LP went on the biggest homebuying spree in history after the U.S. foreclosure crisis, purchasing repossessed properties from the courthouse steps and through online auctions. Four years, $10 billion and roughly 50,000 ...

and more »


Could the Sale of Distressed Loans Decrease Foreclosures? - DSNews.com


DSNews.com

Could the Sale of Distressed Loans Decrease Foreclosures?
DSNews.com
A report by the Federal Housing Administration (FHA) reveals that two-thirds of distressed loans in HUD's single-family sales program (SLFS) have been resolved by selling to investors with 42 percent of those loans avoiding foreclosure. Distressed or ...

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Foreclosures up nearly 50 percent through October - The Salem News


Foreclosures up nearly 50 percent through October
The Salem News
The nearly 10,000 foreclosures petitions filed over the first 10 months of the year mark a 9.3 percent increase over the same period in 2015, and the more than 5,000 completed foreclosures year-to-date represent a more than 48 percent increase over ...

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Lawsuit: Fannie Mae neglects foreclosures in minority communities - Hartford Business


Hartford Business

Lawsuit: Fannie Mae neglects foreclosures in minority communities
Hartford Business
The result of a multi-year investigation, the lawsuit alleges that Fannie Mae deliberately fails to maintain its foreclosures, also known as real-estate owned or REO properties, in middle- and working-class African American and Latino neighborhoods to ...
Housing groups sue over upkeep of foreclosures in Charleston, other citiesCharleston Post Courier
New Housing Lawsuit Alleges Discrimination in 38 U.S. MetrosNext City
Fannie Mae accused of racial discrimination for neglect of foreclosures in Toledo and more than 200 other US citiesLa Prensa
National Mortgage News -GuruFocus.com
all 34 news articles »


Franklin County foreclosures decline - Columbus Dispatch (blog)


Franklin County foreclosures decline
Columbus Dispatch (blog)
Foreclosure activity declined in Franklin County for the third straight month in November, according to figures released this morning by Franklin County Clerk Maryellen O'Shaughnessy. During the month, 341 foreclosure cases were filed, down from 358 in ...


Ohio agency program may prevent foreclosures - Ironton Tribune


Ohio agency program may prevent foreclosures
Ironton Tribune
Save the Dream Ohio is a foreclosure prevention effort available to people who qualify, which include those whose household income is below $112,375, those who owe less than $432,000 on mortgage, those who have been awarded unemployment ...


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