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Home / News / Banking and Finance / Buying back in: Fannie Mae, Freddie Mac modify REO sales policy (access required)

Buying back in: Fannie Mae, Freddie Mac modify REO sales policy (access required)

In what may prove to be a controversial move, the Federal Housing Financing Agency has directed Fannie Mae and Freddie Mac to alter their policies on the sale of some 121,000 foreclosed properties in their portfolios. But just how many former homeowners will be able to take advantage of the change remains to be seen. Under ...

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