Travis Waldron highlights this story out of the Palm Beach Post about Wells Fargo – and other banks – trying to hide their bank-owned properties. It’s a little-known fact that Wells Fargo Bank’s Premier Asset Services division, which sells bank-owned homes, instructs agents who sell these houses to list the owner as “Owner of Record,” [...]

Marcy Wheeler has some important thoughts about the government’s proposal to convert GSE-owned properties into rental units, and the potential for abuse on the part of a new generation of slumlords. Call me crazy, but it seems the only reason such a program would be lucrative would be because it allowed one investor to corner [...]