Archive for the ‘Bulk REO’ Category.

CAR Believes There Needs to be a Change in Leadership at FHFA

(Source: FHFA) – The following is a statement by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) on last week’s announced REO bulk sale transaction between Fannie Mae, the Federal Housing Finance Agency (FHFA) and Colony Capital: “Fannie Mae and FHFA’s decision to move forward with the REO bulk sale in […]

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FHFA Announces Two Winning Bidders, With Plans To Continue Bulk REO Sales

by Donna S. Robinson – 16 October 2012 Subscribe to our RSS feed to get the latest realty news. You can get our headlines via email as well, or follow us on Twitter . FHFA has released some information concerning the results of the bidding for bulk sales of […]

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FHFA Launches REO-To-Rental Plan

The Federal Housing Finance Agency (FHFA) has announced a program that will shift real-estate owned (REO) properties held by government-sponsored enterprises (GSEs) to investors for conversion into rental properties. GSEs like Fannie Mae and Freddie Mac are prepared to sell large blocks of these properties, but buyers must take […]

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C.A.R. calls for new FHFA leaders

Posted on | November 5, 2012 | Comments The Federal Housing Finance Agency’s decision to proceed with REO bulk sale transactions in California through private investors led California Association of Realtors to issue a call for a change of leadership at the FHFA. On Nov. 1, FHFA reported that […]

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NAR bets heavily on 8 House races, backing winners in all but one

Seven out of eight House candidates the National Association of Realtors threw its weight behind in a big way in the months leading up to Tuesday’s election will be members of the 113th Congress. The lone exception — Rep. Judy Biggert — is a longtime NAR ally whose defeat […]

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GIMBY | Blog | Realtors frown on FHFA bulk home sales

Realtors in California and Florida are criticizing a Federal Housing Finance Agency (FHFA) attempt to speed recovery from the 2008 housing crisis by selling large numbers of foreclosed properties in package deals aAA€AA• or what are called real estate owned (REO) bulk sales. REO properties are those owned by […]

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Fannie Mae pleased with REO bulk sale pilot

Chief Financial Officer Susan McFarland of Fannie Mae spoke with HousingWire about the government-sponsored enterprise third quarter results and its REO bulk sale pilot . The pilot is deemed a success and Fannie Mae may plan on using bulk sales to resolve more REOs. McFarland would not give specifics, […]

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Update: Freddie Mac still considering local home sales in bulk

Readers will recall we are fighting Freddie Mac’s plans to sell locally foreclosed homes to private investors in bulk sales. That squeezes our already low inventory, and shuts out ordinary home buyers. In direct opposition to Freddie’s own stated mission : Our mission and vision are based on long-standing […]

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CRE Auctioneer Brecht Palombo on Bulk REO, Notes

Speaks to CREPIG about the current state of the Commercial Bulk REO and Notes Markets. The Good the Bad and the Ugly. Brecht and I have know each other as acquaintances for over 4 years now. I have always been interested in what Brecht was doing as he started […]

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Robert Kline RW Kline CMBS, Notes, Bulk REO as Investments and Debt Restructure

Robert Kline of RW Kline Companies We interviewed Mr. Kline at the 2011 GreenPearl Distressed Real Estate Event held in Los Angeles. For more event information go to www.GreenPearlEvents.com. Robert W. Kline – Principal and CEO RW Kline Companies Mr. Kline is a savvy, experienced executive with over 30 […]

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