Reo tapes - onmouseover="return window.status='http://www.bizjournals.com/memphis/stories/2008/06/23/story6.html?ana=from_rss'" onmouseout="window.status=''" href="http://www.bizjournals.com/memphis/stories/2008/06/23/story6.html?ana=from_rss">Bank-owned foreclosed properties driving sales in Memphis residential market

As foreclosures continue to mount in the Memphis area, bank-owned real estate properties are becoming a hot commodity. www.bankreopropertydeals.com

ARLINGTON, Va. -(Dow Jones)- Warnings to U.S. banks last week by a top federal banking regulator about closing home equity lines and taking care of foreclosed properties were not associated with specific events, Federal Deposit Insurance Corp. Chair Sheila Bair said Tuesday. www.bankreopropertydeals.com

Hudson & Marshall Will Auction over 200 Chicago Homes on July 19th and More than 100 Indianapolis Homes on July 20th www.bankreopropertydeals.com

Bank-owned homes recycling back into the market after foreclosure are being priced well below market value in order to solicit multiple bids, which in some cases exceed their original asking price, agents and analysts say. www.bankreopropertydeals.com

Celebrate Milpitas! Celebrate Milpitas!, a festival of art, wine, entertainment and culture, will be hosted by the Milpitas Chamber of Commerce on Saturday and Sunday, Aug. 16 and 17, from 10 a.m. to 6 p.m. www.bankreopropertydeals.com