Fannie Mae's Fire Sale - Barron's

89.3 KPCC

Fannie Mae's Fire Sale Barron's How to buy a cut-rate rental property. Fire sale! The Federal Housing Finance Agency has approved a big residential real-estate auction at Fannie Mae to help the mortgage giant unload its inventory of 122616 foreclosed houses. For the first time, ... Foreclosures converted to rentalsFremont News Messenger Your Next Landlord Might Be a Buyout FundBusinessWeek Taxpayers Fund HAMP EnhancementNuWire Investor all 16 news articles »

Obama Plans Assistance for Rentals, Mortgage Refinancing - San Francisco Chronicle

The Associated Press

Obama Plans Assistance for Rentals, Mortgage Refinancing San Francisco Chronicle 1 (Bloomberg) -- President Barack Obama will announce a package of proposals to jolt the housing market out of its doldrums, including an effort to help more borrowers take advantage of historically low mortgage interest rates, the White House said ... Obama details plan to throw a line to 'underwater' homeownersPhiladelphia Inquirer Obama details broader housing planSault Ste. Marie Evening News Obama seeks to broaden reach of housing assistanceThe Associated Press New York Post all 1,125 news articles »

Foreclosures Draw Private Equity as U.S. Selling 200000 Homes: Mortgages - Bloomberg

Bloomberg

Foreclosures Draw Private Equity as U.S. Selling 200000 Homes: Mortgages Bloomberg “Preliminary estimates suggest that about two-fifths of Fannie Mae's REO inventory would have a cap rate above 8 percent -- sufficiently high to indicate renting the property might deliver a better loss recovery than selling the property,” the Fed ... and more »

Homes, Not Tents, For Occupy Bernal: Feisty San Francisco Neighborhood Fights ... - Huffington Post

Homes, Not Tents, For Occupy Bernal: Feisty San Francisco Neighborhood Fights ... Huffington Post Like millions of others, he signed a predatory loan agreement for an adjustable rate mortgage (ARM), because he thought he could surely repay the loan or refinance at a lower rate. His only income is a federal pension, limiting his Social Security ... and more »

Feeding the Rental Appetite - New York Times

New York Times

Feeding the Rental Appetite New York Times HUDSON COUNTY indisputably rules the rental housing market in New Jersey: It has the largest supply of Class A units — around 13000, according to industry experts — and commands the highest average rental rates of any part of the state. and more »