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Tag Archives: foreclosed home
The Next Housing Crash
We are just one point from the worst point ever in the mortgage industry from two years ago. The average time it takes for a bank to sell a foreclosed home is now 27 months. The average was 12 months. … Continue reading
Posted in mortgage
Tagged austerity, balance sheets, cnbc, credit crisis, foreclosed home, mortgage industry
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Fannie Mae Allows You To Lease Back Your Foreclosed Home
You can also rent it back. At what price? Market price says Fannie Mae. Lenders are doing everything they can to staunch the tide of foreclosures which threatens to overwhelm home values. The more foreclosures, the lower the real estate … Continue reading
Posted in fannie mae, Foreclosure
Tagged fannie mae, foreclosed home, foreclosed homes, home values, los angeles times, vicious cycle
Comments Off on Fannie Mae Allows You To Lease Back Your Foreclosed Home