Right now, it's a mix of private lending (via LendingClub) and precious metals/energy juniors (stocks).

They usually wipe out anything junior to the foreclosing loan, though junior liens sometimes have redemption rights.

Malcolm Brown, a fellow 5-star that iced the BYU game with his 9-yard run at the end will be a junior.

My Name is John Belluardo and I am a junior accounting student at Ohio State.

We were able to use 70% of the rental income as our own to qualify for the loan and if it weren't for that this junior level accountant married to a teacher would have never been able to afford a property like this.

By the way, no hotels were available in the area because of the AAU junior Olympics going on in the area. 

There would be a big difference in housing preferences between 40-year old engineers with kids in junior high who are moving from out of state (to Pittsford or Fairport, probably) vs. hipsters coming right out of their undergrad who know the city neighborhoods better and aren't afraid to move to an up-and-coming area.Or maybe they'll all move to Park Ave, putting even more pressure on the market there and driving more people to the South Wedge, Upper Monroe, and Swillburg.

Of course, I will point out what other's may have missed: you might have been a second (or even more junior) position lien holder with the first position lien holder foreclosing.

The bankruptcy and other junior liens that existed (and are now gone) are irrelevant.  

It's zoned to stay SFR to preserve the district....but multi-families are all around, and with the junior college expanding and the city offering incentives along those lines, it's an excellent time to get in on that, if you can afford new development.