Wiping out housing’s ‘zombies’: Banks sell off foreclosed remnants of crash – CNBC

Wiping out housing’s ‘zombies‘: Banks sell off foreclosed remnants of crash
CNBC
That means the homes that are left, the zombie foreclosures, must need thousands of dollars of work to make them either rentable or sellable. Government-backed mortgage entities like Fannie Mae and the FHA have strict lending requirements when it comes …
‘Zombie‘ foreclosures decline across the country, except in some states where they’ve built strongholdsMarketWatch
13 markets where you’re most likely to see vacant, ‘zombie‘ homesBusiness Insider
Zombie properties returning to lifeMarketplace.org
Naples Daily News –Marketwired (press release)
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