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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. National Community Stabilization Trust - Wikipedia

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

   According to U.S. Banker, the Stabilization Trust was "created to act as a middleman between cities looking to acquire abandoned properties and the lenders looking to unload them." [1] The Stabilization Trust was founded in 2008 in response to America’s foreclosure crisis following the bursting of the housing bubble.

4. Bank of America Joins the Foreclosure Delay Brigade - AOL

   www.aol.com/news/2010-10-01-bank-of-america...

   Bank of America (BAC) will delay foreclosures on properties in 23 states to review whether its employees signed off on foreclosure documents without reading them, making the largest U.S. bank at ...

5. 2010 United States foreclosure crisis - Wikipedia

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

   [3] [4] The foreclosure crisis caused significant investor fear in the U.S. [5] A 2014 study published in the American Journal of Public Health linked the foreclosure crisis to an increase in suicide rates. [6] [7] One out of every 248 households in the United States received a foreclosure notice in September 2012, according to RealtyTrac. [8] [9]

6. Bank walkaway - Wikipedia

   en.wikipedia.org/wiki/Bank_walkaway

   The primary reason for bank walkaways is that a bank expects to lose money by foreclosing – when proceeds from a foreclosure sale are expected to be insufficient to cover the cost of the foreclosure itself, together with securing, maintaining, and marketing the home for sale. Thus, if the bank were to foreclose (taking ownership) and then ...

7. Bank of America to Halt Foreclosures Nationwide - AOL

   www.aol.com/news/2010-10-08-bank-of-america-to...

   Bank of America (BAC) plans to halt foreclosure sales across the nation, as it reviews whether it handled its foreclosure documentation and procedures properly, the banking giant said Friday.