Single-family rental bonds are here to stay

Single-family rental bonds are here to stay

ABS East panel: Asset class will continue to grow

CFPB collecting data on 600 million credit accounts despite privacy, security risks

GAO report: Weaknesses in CFPB ability to assess data collection, oversight troubling

Ginnie Mae launches 5 new initiatives to increase mortgage lending

HUD secretary warns American Dream remains out of reach
W S

Freddie Mac HomeSteps VP: REO management key to stabilizing housing

/ Print / Reprints /
| Share More
/ Text Size+
Chris Bowden, vice president of the Freddie Mac HomeSteps department, which manages the government sponsored enterprises’ REO inventory, said stabilizing neighborhoods will depend on getting first-time homebuyers to buy REO. In a features perspectives published Tuesday on the Freddie website, Bowden said Freddie’s inventory of REO has tripled over the past two years to more than 62,000 properties. The weight of these properties has had a “significant impact” on home prices in these communities, but selling to owner-occupants can reverse the damage and restore neighborhoods.

Recent Articles by Jason Philyaw

Comments powered by Disqus