Paulson, Amherst and other Wall St. investors are considering bidding for pools of repossessed...

|By:, SA News Editor

Paulson, Amherst and other Wall St. investors are considering bidding for pools of repossessed properties being sold by Fannie Mae (FNMA.OB). The bidders would buy to rent rather than to resell, and so help boost the housing sector by reducing the backlog of properties on the market.