Obama administration expects new push for REO rentals

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The Obama administration is making a new large-scale effort to. The administration expects that will make it easier both to sell and buy homes.

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The Obama Administration, "A government-facilitated REO-to-rental program has the potential to help the housing market and improve loss recoveries on reo portfolios." REO’s (Real Estate Owned.

Econohomes Launches New Website for REO Buyers. encouraging the Obama administration and the Federal Housing Finance Agency (FHFA) to work quickly in developing a program to make vacant.

The Obama administration will begin work with Congress to develop a new "financing mechanism" to support rental and affordable housing, Department of Housing and Urban Development Secretary Shaun.

The federal government expects the changes to result in thousands of new. Obama administration push to re-evaluate sentences for drug crimes that officials believe were unduly harsh and were.

Obama unveiled a $75 billion foreclosure prevention program to help as. The Obama administration is engaged in a broad push to make. to rent rather than buy, meaning less construction and housing activity.. 90 percent of all new loans, according to the industry publication Inside Mortgage Finance.

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Bernanke renews push for foreclosed rentals By. "Real-estate-owned to rental programs appear to have some potential for success.". he did not mention a recent Obama administration.

So in its waning hours, the Obama Administration gave a completely unjustified. these properties out of foreclosure and turned them into rental properties,. as they could have, Trump would not be in a position to push them through.. All should expect a new mega subsidy of Blackstone's profits by.

The Trade Deal We Just Threw Overboard.. Because the Obama administration already renegotiated NAFTA.. considers NAFTA a huge success for both countries and will resist any push for new.

Former GSA Real Estate Chief Expects FBI Decision To Be Delayed Until 2018. the Obama administration was prepared to ask for the money and Trump is not.. maybe that will push.

Total REO liquidations wouldn’t drop below 1 million until 2015, according to BofAML. The Obama administration began work last month developing new strategies for selling this mass of properties, which may involve renting more of them. The Federal Housing Finance Agency is also working on a way to refinance more underwater borrowers to entice.