Conducting Repair Work to Stabilize Distressed Markets

Nemeroff, Evan
December 2011
Mortgage Servicing News;Dec2011, Vol. 15 Issue 12, p19
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.


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