Relevant:
- On Foreclosures, Uncle Sam Courts Investors
- California foreclosure actions slow in fourth quarter
- First Government REO-to-Rental Transaction Closes - Florida properties sold
- Turning Foreclosed Homes Into Rentals Could Be $100 Billion Industry This Year
- REO Could Become A Serious Problem For HUD/GSEs: FHFA Rep.
2011-08-14 — opb.org
"In the first six months of this year, more than 1 million properties had foreclosure filings against them. About 800,000 foreclosed properties are owned by banks, and roughly a third of those belong to the federal government through Fannie Mae and Freddie Mac and the Federal Housing Administration."
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