Rental industry reacts to feds’ foreclosure pitch

Rental industry reacts to feds’ foreclosure pitch (access required)

Some worry that influx  would hurt the market

With a glut of distressed properties slowing down the U.S. real estate market, Washington bureaucrats are considering renting out hundreds of thousands of foreclosed, government-owned homes as a last-ditch effort to help the market. On Aug. 10, the Federal Housing Finance Agency sent out a request for information asking the nation to submit ideas on how ...

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