Posts Tagged ‘real estate market’

  • Government Wants to Turn Foreclosures into Rentals?

    Jan 25, 2012

    CNN Money recently posted an article explaining the government’s hope to launch a pilot program to turn government owned foreclosures into rentals properties. The program, cited by Federal Reserve Chairman Ben Bernanke, would sell foreclosed homes currently owned by Frannie Mae and Freddie Mac in bulk to investors, who would…