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According to WH sources, the Obama Administration and the FHFA are close to announcing a pilot...

Jan. 09, 2012 9:28 AM ETBy: Stephen Alpher, SA News Editor16 Comments
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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