Yestreday, Fannie Mae sold off another chunk of its foreclosed properties as part of a pilot program to process bulk sales to investors who will rent them out in the short term. The beneficiary was a private equity firm. The Cogsville Group, a New York-based firm led by former professional soccer player Donald Cogsville, reached [...]
Investor Purchases of Foreclosed Properties Continue |
| By: David Dayen Wednesday October 3, 2012 11:00 am |



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