Mobile Mortgage News

Fannie Mae Has 5 Billion Worth Of REO Property

posted 7 weeks ago on The Real Estate Bloggers

You wonder why it is hard to resell homes today? Just take a look at Fannie Mae and Freddie Mac. Fannie Mae has 5 billion worth of unsold property on it?s books. That is not properties in foreclosure, that is 5 billion dollars worth of property they have already taken over and have to pay  [...]

Related Headlines

Search: