NEW FED PLAN: Sell Foreclosed Properties To Investors To Rent Out

Diana Olick, Real Estate writer at CNBC, reports today that: “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.”  While the DC/Baltimore region has not been on the “hot list” of states with high foreclosures, there are some areas in the region that will likely be impacted more than others. Read more from CNBC here.

MRIS has recently joined forces with Realty Trac to provide critical foreclosure data to agents, more on that service can be found here. MRIS and Realty Trac are teaming up for an informational webinar on January 25th at 2:00 p.m., so sign up for free now to reserve your spot.

5 Responses to “NEW FED PLAN: Sell Foreclosed Properties To Investors To Rent Out”

1. Theodore Megginson says:

   January 10, 2012 at 1:58 pm

   This propertu is listed with
   Long & Foster
2. Theodore Megginson says:

   January 10, 2012 at 1:59 pm

   Long and Foster property

   Please remove violation
   • Karen Donaldson says:

     February 1, 2012 at 2:22 am

     This is a very interesting article & it is worth the time to read the whole thing.
3. suzanne Valentin says:

   February 2, 2012 at 8:51 pm

   that would be great!!! how do we get on the list
4. karen donaldson says:

   February 2, 2012 at 10:19 pm

   I get regular e-mails from Realty Trac. I guess I signed up a long time ago.