Monday, August 8, 2011

Fannie & Freddie May Be Your New Landlord!

Dear Senator Reed

Good intentions - Ridiculous and pardon my language, Stupid idea.



Sincerely,



Mathews Realty Group

Amplify’d from www.dsnews.com


Senator Reed Urges FHFA to Require GSEs to Rent Foreclosed Properties

Senator Jack Reed (D-Rhode Island) has sent a letter to the director of the Federal Housing Finance Agency (FHFA) recommending the agency require Fannie Mae and Freddie Mac rent out foreclosed properties rather than immediately attempting to sell them at bargain prices.

Read more at www.dsnews.com
 

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