Here's an offbeat idea for bankers looking to protect repossessed properties: Instead of paying a caretaker a monthly fee to watch over the vacated houses, shrink-wrap them.

Fast Wrap USA LLC, a Reno company that shrink-wraps everything from boats to backhoes, has not handled any foreclosed houses yet. But Mike Enos, its chief executive, says that is only a matter of time. His company has wrapped half-built houses, churches and small office buildings.

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