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  2. Swampland in Florida - Wikipedia

    en.wikipedia.org/wiki/Swampland_in_Florida

    Swampland in Florida. A freshwater swamp in Florida. Swampland in Florida is a figure of speech referring to real estate scams in which a seller misrepresents unusable swampland as developable property. These types of unseen property scams became widely known in the United States in the 20th century, and the phrase is often used metaphorically ...

  3. Odell Barnes (entrepreneur) - Wikipedia

    en.wikipedia.org/wiki/Odell_Barnes_(entrepreneur)

    Odell Barnes. Born. James Odell Barnes, Jr. ( 1951-10-20) October 20, 1951 (age 72) Palatka, Florida, United States. James Odell Barnes Jr. (aka Odell Barnes) has earned the nickname "Foreclosure King." His firm, Odell Barnes REO, is a bulk-buyer of foreclosed homes in the United States. [1] For decades, Barnes has been buying foreclosed homes ...

  4. Timeline of the 2000s United States housing bubble - Wikipedia

    en.wikipedia.org/wiki/Timeline_of_the_2000s...

    1997–2005: Mortgage fraud increased by 1,411 percent. [39] 2000–2003: Early 2000s recession (exact time varies by country). 2001–2005: United States housing bubble (part of the world housing bubble ). 2001: US Federal Reserve lowers Federal funds rate eleven times, from 6.5% to 1.75%.

  5. Kim Zolciak and Kroy Biermann’s Home Is In Danger of Foreclosure Again. Get breaking Finance news and the latest business articles from AOL. From stock market news to jobs and real estate, it ...

  6. What is a deed in lieu of foreclosure? - AOL

    www.aol.com/finance/deed-lieu-foreclosure...

    A deed in lieu of foreclosure is generally a last-resort step taken by a homeowner to avoid a foreclosure, says Alesia Parker, branch manager at Silverton Mortgage, an Atlanta-based residential ...

  7. Subprime mortgage crisis - Wikipedia

    en.wikipedia.org/wiki/Subprime_mortgage_crisis

    Increasing foreclosure rates increases the inventory of houses offered for sale. The number of new homes sold in 2007 was 26.4% less than in the preceding year. By January 2008, the inventory of unsold new homes was 9.8 times the December 2007 sales volume, the highest value of this ratio since 1981. [82]

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