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Apr 2, 2012

Economy: Economic News, Policy & Analysis - The Washington Post: Foreclosures give rise to a new industry

Economy: Economic News, Policy & Analysis - The Washington Post
Economy News: Get the latest headlines and in-depth coverage of economic news, policy, analysis and more from The Washington Post.
Foreclosures give rise to a new industry
Apr 1st 2012, 03:12

Ken Major climbs the steps of a county courthouse in a San Francisco suburb with $500,000 in cashier's checks in one hand and a list of addresses in the other. Major is a buyer for Waypoint Real Estate, an Oakland-based investment firm that is scooping up foreclosed homes in California.

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