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1. Bad-Loan Revival Unburdens Banks.

Author

Brown, Eliot

Subjects
COMMERCIAL real estate, COMMERCIAL buildings, BANKING industry, REAL property, COMMERCIAL real estate loans
Abstract

The article presents information on the riddance of banks in the U.S. from the foreclosed properties known as Other Real Estate Owned (OREO). OREO was chosen by banks during financial downfall. However, now when the value of commercial properties has again gone up, banks have freed themselves from it.

Published
2013

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