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Viewpoint: REO Hack Job

Apr 07, 2009By

In its ever-present search to find someone to vilify for the mortgage crisis, the New York Times has found an easy — if unwitting — target in REO agents and brokers at the REOMAC Spring Conference in Palm Desert, Calif. A story that ran Monday in the Times by Eric Lipton paints real estate agents that specialize in selling bank-owned real estate as profiteering from the real estate mess.

3d rendering of a row of luxury townhouses along a street

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