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



FHFA has released some information concerning the results of the bidding for bulk sales of Fannie Mae owned properties. The qualifying process began in the spring, for investment groups that could meet specific FHFA guidelines for capital assets, management capability and other criteria.

FHFA Selects Winning Bidders In Round One Of Bulk REO Sales



Though the specific identities of the winning bidders have not been made public, The Federal Housing Finance Agency is reporting that the winners have been chosen in the initial round of bidding for some 2,500 single-family properties owned by Fannie Mae.

Investors Hosting Housing Recovery Party



Investors, hand picking individual properties, working in groups, buying in bulk and smacking down all-cash deals like they won the Mega Millions Lottery, snatched up properties last year at an astounding pace, 64.5 percent greater in 2011 than 2010, according to the National Association of Realtors (NAR).

As Wall Street Stampedes Into Rentals – Will It Really Help The Housing Market?



It’s a “Twilight Zone”  kind of plot twist that even Rod Sterling could not have imagined. Wall Street’s biggest names are rushing to jump into the single family rental market in a big way. They believe that there are “fat profits” to be made in the rental property business, and many of the same firms […]

Is A “Death Spiral” Inevitable For Housing?



One of the most respected housing market analysts around, Laurie Goodman of Amherst Securities Group LP, recently testified before congress that if housing prices fall another 10%, the housing market would likely see a “death spiral” of falling property values and resulting defaults, as more and more home owners watch their property value drop well below what they owe on their mortgage.

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