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Real Estate & Property Law

: Housing Wire

Treasury?s TARP Pullback Energizes Bulk REO Sales

By PAUL JACKSON

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A recent decision by the U.S. Treasury not to invest in purchasing assets from financial institutions via the $700 billion Troubled Asset Relief Program has jump-started the market for bulk REO sales by banks and other institutional sellers, sources suggested to HousingWire on Wednesday. Ladera Ranch, Calif.-based G8 Capital is one such firm, and said earlier [...]

Full post as published by Housing Wire on November 26, 2008 (boomark / email).

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