TITLE

Conducting Repair Work to Stabilize Distressed Markets

AUTHOR(S)
Nemeroff, Evan
PUB. DATE
December 2011
SOURCE
Mortgage Servicing News;Dec2011, Vol. 15 Issue 12, p19
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses how conducting home improvements may aid financial institutions to stabilize distressed markets in the U.S. It suggests institutions to invest money into their real estate owned (REO) assets to remove distressed properties. Provided are statements from several individuals within the housing market including Brian Hurley, P. J. McCarthy, and Eric Lichtenheld regarding the advantages of repairing REO properties.
ACCESSION #
67629217

 

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