Sunday, October 21, 2007

House auction gives good news to North Side (Minneapolis-St. Paul Star Tribune)

A savvy inner-city housing investor with $11 million in her pocket emerged as the leading buyer Saturday for north Minneapolis homes that are part of a two-day auction of 300 bank-foreclosed Minnesota houses at the Minneapolis Convention Center. This is good for North Side neighbors, who have been disproportionately affected by vacant houses, thanks to loan scams and adjustable-rate mortgages ...

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[Source: Yahoo! News Search Results for mortgages]

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