Monday, August 29, 2011

REO Market Blues for Freddie Mac & Fannie Mae

Hi,
 
Here is an article that you'll find interesting.  See how the governemnt sponsored agencies have run out of ideas to handle these REOs.
http://www.bloomberg.com/news/2011-08-26/u-s-government-struggles-as-the-biggest-seller-of-homes.html
 
Build Your Legacy
  
Victor Lloyd Smith
Millennium Lyon Asset Management 
Web:      www.mlgcap.com
 
 
Legacy Capital: The Driving Force of the American Dream
Get your copy: Amazon.com, Barnes & Noble, Audio Series, e-Book  
 

posted by Victor Lloyd Smith @ 3:50 PM 0 comments