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2. Foreclosure - Wikipedia

   en.wikipedia.org/wiki/Foreclosure

   Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan.

3. Econohomes - Wikipedia

   en.wikipedia.org/wiki/Econohomes

   Econohomes is a privately held company based in Austin, Texas, specializing in foreclosures.It's known as real estate owned properties (REO), and specialty financing across the United States.

4. Bill McMachen of Michigan Buys Hundreds of Foreclosed ... - AOL

   www.aol.com/news/2012-08-03-bill-mcmachen...

   For around $4.7 million, you might be able to snag one gleaming, top-of-the-line luxury home in a top market. In Michigan's Macomb County, though, it bought one man 627 homes. Bill McMachen, who ...

5. Repossession - Wikipedia

   en.wikipedia.org/wiki/Repossession

   Repossession, colloquially repo, is a "self-help" type of action in which the party having right of ownership of a property takes the property in question back from the party having right of possession without invoking court proceedings.

6. AOL - Finance News & Latest Business Headlines - AOL.com

   www.aol.com/real-estate

   Get breaking Finance news and the latest business articles from AOL. From stock market news to jobs and real estate, it can all be found here.

7. Real estate owned - Wikipedia

   en.wikipedia.org/wiki/Real_estate_owned

   REO sale property in San Diego, California. 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]