The mystery buyer behind the purchase of more than 6,000 Detroit foreclosed homes was revealed on Tuesday, according to an article in Businessweek. Herb Strather, a local casino and real estate developer, won the lot for just under $3.2 million. To him, it wasn’t just a real estate transaction.

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FHFA assists 3.2 million troubled homeowners 3 New Programs Aimed at Improving the Housing Market Can a trio of new policies ease foreclosures and get the market back on track? By Pat Mertz Esswein , associate editor april 10, 2012

During the housing crisis, Detroit struggled more than most housing markets. In fact, just a little over a year ago, foreclosure sales in Detroit. data from Realcomp revealed. And that trend has.

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How did PNC Financial turn a profit with its mortgage business dropping? NEW YORK (Reuters) – Citigroup Inc’s first-quarter profit fell 32 percent as shrinking loans. citi shares because they look relatively undervalued. Citigroup did add assets to its balance sheet in.Redfin: Last year’s tax reform bill impacted fewer homebuyers than expected Less than half of homebuyers (47 percent) surveyed by Redfin said the overhaul of the tax code impacted their home search. When redfin surveyed homebuyers last year, 56 percent said the tax reform package shepherded by Republicans in Congress had an impact on their home search.

Obituaries for the last 7 days on Your Life Moments. Sold! Home offered for an iPhone 6 sees quick sale $3.2M detroit foreclosure mystery bidder revealed homeowner to homeless: The brutal reality of the Detroit foreclosure auction. A plan to pull homes sold at auction was chaotic and last-minute.

$3.2M Detroit foreclosure mystery bidder revealed Posted on October 29, 2014 | Leave a comment The mystery buyer behind the purchase of more than 6,000 Detroit foreclosed homes was revealed on Tuesday, according to an article in Businessweek .

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Record low rates spur mortgage application filings Bank of America shifts West Coast foreclosures into overdrive fitch sees no sign of strategic default for rising principal reductions Yes [X] No [ ] Indicate by check mark if the registrant is not required. a smaller reporting company, or emerging growth company. See the definitions of “large accelerated filer,” “accelerated.Mariah Carey and Nick Cannon Sell Bel Air Home for $9 Million – The buyers are Rudy Rezzadeh, a New York City-based doctor, and his wife Niki, who are relocating to the West coast. ardavan mofid. mofid told forbes that when the buyers initially walked into the.Higher mortgage rates and higher prices have led to high anxiety among many buyers about whether they can afford the home of their dreams. But many house hunters aren’t aware of a plethora of low down.

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