reo to rental - Articles

REO-to-Rental Program Takes Next Step: FHFA

A government-sponsored REO-to-Rental program that aims to soften the blow of foreclosed homes to the housing market has entered a new stage. The Federal Housing Finance Agency, which controls Fannie Mae and Freddie Mac, recently announced that it has selected the winning bidders of a preliminary program that will allow... Continue Reading »

REO to Rental: Fannie Mae Dips Further Into Foreclosure Pool

Fannie Mae waded further into the foreclosure pool on Monday as it released new details on its plan to sell its repossessed homes as rental properties. The pilot program, first announced in August as an effort to clear the mortgage giant's backlog of foreclosures, is launching with an initial offering of 2,490 residential... Continue Reading »

Foreclosure Fire Sale: Will Bulk 'REO to Rental' Program Fly?

With an estimated 3.6 million more foreclosures expected over the next two years, the government-backed mortgage giants have a proposition for you: How'd you like to take a couple (hundred) homes off their hands? In a recently announced program, the Federal Housing Finance Agency, which regulates the quasi-government... Continue Reading »

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