foreclosure investment

Pimco Says Foreclosure Deal Cheaper for Banks Than PensionsThe government’s deal with banks over their foreclosure practices after 16 months of investigations is cheap for the loan servicers while costly for bond investors including pension funds, according to Pacific Investment Management Co.’s Scott Simon.BusinessWeek - Feb 12 07:24pm
Foreclosure - Get over itIn any society there are good times and bad times but when things get rough most people simply focus on all the bad things, instead of how to solve the problem. Today's economic problems are much different than decades ago since it involves the primary core of our foundation as a nation - real estate ...Forbes - Feb 14 02:45pm
Foreclosure Mess: The End?The five large U.S. banks accused of faulty foreclosure practices, have finally agreed to the $25 billion settlement deal.Zacks via Yahoo! Finance - Feb 10 08:55am
A land bank could be the answer to foreclosure crisis“A land bank can help keep tax-foreclosed property out of the hands of speculators interested in a quick return. It will also allow our city to accept donations of land from financial institutions hard-hit by large portfolios of foreclosed homes,” writes Julie A. Porter, the executive director of Greater Kansas City LISC. “… It is a powerful tool.”The Kansas City Star - Feb 14 03:28pm

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