In The News
Letter from California about Leo Nordine, who sells foreclosed houses in Los Angeles. In 2006, Leo Nordine sold seventy-five houses for the banks; in 2008, he sold two hundred and eighty-two. This year he expects to sell a house a day. Nordine, forty-six, is one of Los Angeles’s leading R.E.O. brokers (bank-derived shorthand for "other real estate owned").