Wednesday, May 20, 2009

US real estate fund Redwood eyes bank-owned homes - Reuters

NEW YORK, May 20 (Reuters) - Redwood Real Estate Partners, Inc said on Wednesday it launched a fund to buy up to $500 million in distressed residential real estate amid an expected surge in bank-owned properties. The Rancho Santa Margarita ..., more 
and Expand Michigan's benefits for jobless - Detroit News  The crisis level of Michigan unemployment continues. More than half a million workers are collecting unemployment insurance benefits, and another quarter of a million workers are out of a job, but don't receive an unemployment check. Last week, we ..., more 
and Stimulus Funds To Rehab Neighborhoods - WBNS 10TV Columbus  COLUMBUS, Ohio — Franklin County will receive millions in federal stimulus money to help blighted neighborhoods. As part of the stimulus, the Northland and Westland neighborhoods in Columbus will see empty homes fixed up and sold to low-income ..., more 

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