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	<title>National Real Estate Ventures</title>
	<link>http://www.nrev.com</link>
	<description>Just another WordPress weblog</description>
	<lastBuildDate>Wed, 02 Jun 2010 18:30:07 +0000</lastBuildDate>
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	<item>
		<title>Michigan’s Funding Program for the “Hardest Hit”</title>
		<description><![CDATA[The Michigan State Housing Development Authority (MSHDA) has submitted its Housing Finance Agencies (HFA) programs to the department of treasury.  The program details how the state plans to use $154.5 million to help homeowners who are unemployed.  The plans goal is to help over 16,000 homeowners avoid foreclosure.  As well as prevent [...]]]></description>
		<link>http://www.nrev.com/michigan%e2%80%99s-funding-program-for-the-%e2%80%9chardest-hit%e2%80%9d/</link>
			</item>
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		<title>Dangerous Concentrations of Commercial Real Estate Lending</title>
		<description><![CDATA[Policy makers are concerned of the impact that community bank failures will have on the local markets.  TARP estimates that by the end of 2010 half of all commercial real estate mortgages will be underwater, with many of these loans held by community banks.  TARP warns that almost 3,000 banks have, “dangerous concentrations [...]]]></description>
		<link>http://www.nrev.com/dangerous-concentrations-of-commercial-real-estate-lending/</link>
			</item>
	<item>
		<title>All Foreclosures to Require Servicing?</title>
		<description><![CDATA[Bloomberg has an article explaining how the Obama Administration may ban all residential foreclosures unless lenders and their servicers make maximum efforts to verify that the mortgage facing foreclosure has been screened and rejected as eligible for modification under the federal government mortgage modification program called HAMP.
To date,  lenders have been able  to commence foreclosure [...]]]></description>
		<link>http://www.nrev.com/all-foreclosures-to-require-servicing/</link>
			</item>
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		<title>Amidst a Sea of Delinquent Mortgages</title>
		<description><![CDATA[The Wall Street Journal highlights the paradox of a very tight REO market amidst a sea of delinquent mortgages.  NREV’s ability to purchase large numbers of quality REO single family properties on a negotiated basis with plenty of time to perform proper due diligence and to accept only properties that make financial sense is unique [...]]]></description>
		<link>http://www.nrev.com/amidst-a-sea-of-delinquent-mortgages/</link>
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