America's Largest Social Network for Default Real Estate Professionals
Hubzu presents as a legit real estate auction site but is actually a rigged sellers only site. When you bid you will be actually bid up mysteriously at the last minute and if you selected auto bid in…Continue
September 17, 2012 • 10:58amThe use of third parties to help Fannie Mae sell its REO properties is coming to an end.Fannie Mae notified remaining vendors that the government-sponsored enterprise will…Continue
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The Obama administration, in conjunction with federal regulators and led by the overseer of Fannie Mae and Freddie Mac, are very close to announcing a pilot program to sell government-owned foreclosures in bulk to investors as rentals, according to administration officials.
There are currently about a quarter of a million foreclosed properties on the books of Fannie Mae, Freddie Mac and the Federal Housing Administration (FHA) and…