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Mixed-Use Community Project Facing Bank (Short sale) Foreclosure Listing

The project of Boca Developers to convert an old landfill located at North Miami, Florida into a residential and commercial development is facing the risk of being placed on bank foreclosure listing as Wells Fargo Bank plans its foreclosure proceeding against the property. A trustee of First Boston and Credit Suisse, …
Source: www.foreclosurelistingsnationwide.com

Goal to Reduce Foreclosed Homes Listings Could Fall Short
Last March, the Obama Administration, in its effort to provide relief to troubled homeowners and reduce the number of homes in foreclosed homes listings, launched a housing program that targets as many as 4 million of these distressed borrowers. The said program involved as much as $50 billion in funds, …
Source: www.foreclosurelistingsnationwide.com

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