Bernanke calls for nationwide REO rental program

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Source: "Bernanke Calls for Nationwide REO Rental Program," HousingWire (Jan. 4, 2012) and "Fed Urges Action on Housing," Wall Street Journal (Jan. 5, 2012) [Log-in required.] The Federal Reserve called on lawmakers to do more to help the ailing housing market, which has been blamed for dragging down economic recovery.

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The California legislature passed a landmark bill Monday strongly regulating how banks handle home foreclosures. The legislation bans dual tracking, the odious practice where lenders pursue home foreclosure while negotiating with homeowners about modifying mortgage terms.

Bernanke: Fed Should Help Turn Foreclosures Into Rentals Here are the 11 real estate stories that we judged as the most important of 2011. Time magazine was onto something when it named "The.

The Federal Reserve is calling on the government to come up with initiatives to help lifting housing, including a program to rent out foreclosures to stop the downward pressure on home values. Skip to main content, REALTOR. Fed Advocates REO Rental Program Share.

Bernanke renews push for foreclosed rentals. "Real-estate-owned to rental programs appear to have some potential for success.". of vacant homes and an expanded rental market. Bernanke.

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Fed urges foreclosure alternatives. of a broader strategy for economic recovery," Fed chairman ben bernanke wrote in a cover letter to the report.. calls for nationwide REO rental program.

NAR to Congress: Turn Fannie and Freddie into Non-Profits Will Florida Supreme Court rule against statute-of-limitations on foreclosures? Existing home sales fall, but up 11% from last year U.S. home sales fall as record-low inventory boosts prices. – U.S. home sales fell more than expected in December as the supply of houses on the market dropped to a record low, pushing up prices and sidelining some potential first-time buyers.Eviction and property management law services for the Florida residential property manager and landlord filing evictions in all florida counties and representing thousands of.

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