The Washington Independent

Posts Tagged Reomac

Cashing In on the Foreclosure Boom

By | 04.06.09 | 9:04 am

Speaking of businesses making money from the downturn, The New York Times reports today on how the real estate industry is trying to cash in on the glut in REOs, or Real Estate Owned properties. Those are foreclosed homes that don’t sell at foreclosure auctions or sheriff’s sales and More…