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  2. Is It Smart to Buy a Foreclosed Home? Weighing the Pros & Cons

    www.aol.com/lifestyle/smart-buy-foreclosed-home...

    Heard that you can score a great deal when you buy a foreclosure home for real estate investments? Buying foreclosed homes soared in popularity during the Great Recession as a wave of foreclosures ...

  3. Surplus Property Board - Wikipedia

    en.wikipedia.org/wiki/Surplus_Property_Board

    The Surplus Property Board (SPB) was briefly responsible for disposing of $90 billion of surplus war property held by the United States government in the final year of World War II. [1] Created by the Surplus Property Act of 1944, [2] the Board functioned for less than nine months, before being replaced by a more streamlined agency.

  4. HUD auction - Wikipedia

    en.wikipedia.org/wiki/HUD_auction

    A HUD auction is a form of foreclosure auction except the original lender was a federal agency instead of a private lender. The United States Department of Housing and Urban Development (HUD), is the insurer of loans made through a variety of government programs, particularly FHA loans.

  5. New Foreclosure-Prevention Programs Available in 18 States ...

    www.aol.com/news/2011-03-07-new-foreclosure...

    Recent movements in Congress to deactivate some of the federal foreclosure-prevention programs are getting a lot of press, despite the fact that these programs are probably safe for the time being.

  6. 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]

  7. Foreclosures Are Rising: Here’s What Experts Say It ... - AOL

    www.aol.com/foreclosures-rising-experts-means...

    Have you been looking around the housing market and thinking "There goes the neighborhood"? Well, you are not alone. In May of this year, ATTOM recorded a sharp uptick in foreclosure rates around ...