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Home » Store » News » Fannie Tries to Level REO Disposition Playing Field

Fannie Tries to Level REO Disposition Playing Field

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Fannie Mae announced several initiatives last week to support neighborhood stabilization and promote home purchases by owner occupants at the temporary expense of investor buyers. Under the “First Look” program, owner occupants and homebuyers using public funds get exclusive consideration in purchasing Fannie-owned foreclosed properties for the first 15 days a property is on...
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