Gov't Affairs Blog

Fannie Mae - The Cost Of Owning 150,000 Foreclosed Homes

07/07/2011 3:11 PM | Alan B. Fields (Administrator)
Something we don't often think about:

When you are the nation's largest owner of foreclosed homes, even little things can get expensive fast. Such is the case for mortgage giant Fannie Mae, which as of March 31 had a mind-boggling 153,000 foreclosed homes on its books.

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