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2. Bank-owned properties: What are they and where can I ... - AOL

   www.aol.com/finance/bank-owned-properties-where...

   Bank-owned properties may also be referred to as real estate owned, or REO. You can find bank-owned properties through sources like banks' online listings or RealtyTrac.

3. Real estate owned - Wikipedia

   en.wikipedia.org/wiki/Real_estate_owned

   Real estate owned, or REO, is a term used in the United States to describe a class of property owned by a lender —typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. [1] A foreclosing beneficiary will typically set the opening bid at such an auction for at least the ...

4. National Community Stabilization Trust - Wikipedia

   en.wikipedia.org/wiki/National_Community...

   The Stabilization Trust serves as a bridge between financial institutions and localities by streamlining and standardizing the process of transferring bank-owned foreclosed properties – commonly known as Real Estate Owned (REO) – to local government and nonprofits. [14] The Stabilization Trust accomplishes this goal in two ways:

5. 2010 United States foreclosure crisis - Wikipedia

   en.wikipedia.org/wiki/2010_United_States...

   The 2010 United States foreclosure crisis, sometimes referred to as Foreclosure-gate or Foreclosuregate, [1] [2] refers to a widespread epidemic of improper foreclosures initiated by large banks and other lenders. The foreclosure crisis was extensively covered by news outlets beginning in October 2010, and several large banks—including Bank ...

6. How to Buy Foreclosures - AOL

   www.aol.com/news/2010-08-16-how-to-buy...

   Anthony Jackson, a second-grade teacher in Chicago's metro area, says the key to buying a foreclosure is to "strike early once you see the listing" and "don't bid too low." Jackson bought a bank ...

7. Cities With the Most Foreclosures - AOL

   www.aol.com/news/on-cities-with-the-most...

   Bank repossessions of homes are at their lowest level since July 2007. But foreclosures rose 4 percent from February to March as 117,485 U.S. properties were foreclosed last month, according to a ...