Tag Archives: bulk

REO Bulk Sales Program is Unnecessary & Harmful in California

Barry & Brenda Zwahlen | http://yourdanvilleag.wpengine.com

California lawmakers have introduced a bill that sets out to stop an “REO to rental” pilot program in the state that would allow bulk sales of Fannie Mae’s bank-owned properties to investors. Rep. Gary Miller, a Republican who represents California’s 42nd Congressional District, introduced H.R. 5823, “Saving Taxpayers from Unnecessary GSE Bulk Sale Program Act