Acording to an Article from the Bloomberg news, The U.S. Government which has become the nations bigest owner of
residential properties is looking for ways to reduce and mangage it's huge inventory.
Government owned Fannie Mae,Freddie Mac and the Federal Housing Administration now own about a third
of the country's nearly 800,000 foreclosed properties
http://www.dailybusinessreview.com/PubArticleDBR.jsp?id=1202512844412&slreturn=1&hbxlogin=1
This situation is almost like the captain of the Titanic going on the pubic address system and saying
"Does anyone have any ideals"
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