Hedge funds, private-equity firms, pension funds and university endowments are plunging into the home foreclosure market. Purchasing foreclosed homes as investment properties has traditionally been dominated by small, mom-and-pop investors. But now, the attraction of potential double-digit returns is attracting big organizations with lots of money to invest. This trend coincides with a time when most bonds and other income investments are yielding very small returns. Read the full article on The Wall Street Journal online.
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