According to WH sources, the Obama Administration and the FHFA are close to announcing a pilot...
According to WH sources, the Obama Administration and the FHFA are close to announcing a pilot program to sell some of the 250K (with millions more in the pipeline) Frannie-owned foreclosures in bulk to investors. Expected to start in the near-future, officials are working on details, including what experienced private investors the government can partner with.
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