fannie mae bulk sale of 2: Fannie Mae Bulk Sale of 2,500 Properties - 03/19/12 07:06 AM
Fannie Mae Bulk Sale of 2,500 Properties
According to The Wall Street Journal, major investors are preparing to bid on sale of 2,500 homes in eight regional pools.  If this bulk sale is successful, there could be a major shift in the way the foreclosures are sold.  Last year, Fannie Mae sold more than 240,000 homes, mostly by listing them individually with real estate agents.
This test is designed to determine whether there is a new kind of buyer for properties in the foreclosure inventory.  Many real estate professionals do not agree with the effectiveness of bulk sales to national or … (14 comments)

 


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