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Pictures | Fri Jun 8, 2012 | 5:36pm EDT

Exclusive: Investors tout controversial "condemnation" for housing fix

A house for sale is pictured in Fontana, San Bernardino County, California, in this February 5, 2009 file photograph. REUTERS/Mario Anzuoni/Files

A house for sale is pictured in Fontana, San Bernardino County, California, in this February 5, 2009 file photograph. REUTERS/Mario Anzuoni/Files

A house for sale is pictured in Fontana, San Bernardino County, California, in this February 5, 2009 file photograph. REUTERS/Mario Anzuoni/Files
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A boarded up home is pictured in California's Inland Empire, which comprises two counties, Riverside and San Bernardino, in this April 14, 2009 file photograph. REUTERS/Dan Whitcomb/Files

A boarded up home is pictured in California's Inland Empire, which comprises two counties, Riverside and San Bernardino, in this April 14, 2009 file photograph. REUTERS/Dan Whitcomb/Files

A boarded up home is pictured in California's Inland Empire, which comprises two counties, Riverside and San Bernardino, in this April 14, 2009 file photograph. REUTERS/Dan Whitcomb/Files
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Phil Angelides chairs The Financial Crisis Inquiry Commission (FCIC) in Washington, in this January 13, 2010 file photo. REUTERS/Kevin Lamarque/Files

Phil Angelides chairs The Financial Crisis Inquiry Commission (FCIC) in Washington, in this January 13, 2010 file photo. REUTERS/Kevin Lamarque/Files

Phil Angelides chairs The Financial Crisis Inquiry Commission (FCIC) in Washington, in this January 13, 2010 file photo. REUTERS/Kevin Lamarque/Files
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