fhfas foreclosure bulk sales to investors: FHFAs Foreclosure Bulk Sales to investors
- 02/16/12 12:37 PM
FHFAs Foreclosure Bulk Sales to investors The Daily Real Estate News reported today that the Federal Housing Finance Agency is planning a program to attempt to prevent further price drops in communities where foreclosures have been soaring in recent years. The program is getting qualified investors to buy pools of homes but not to sell. They will require them to rent them for a specific period of time and not flip them. By doing this they will be taking them off the market, not showing an individual value because they would be buying in a bulk of 100’s or 1000’s
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