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Updated almost 14 years ago on . Most recent reply

User Stats

95
Posts
18
Votes
Mike Morrison
  • Contractor
  • Woodlands, TX
18
Votes |
95
Posts

Can RE Investors Compete against Freddie Mac in the Rental Market?

Mike Morrison
  • Contractor
  • Woodlands, TX
Posted

I ran across a post this am on housingwire.com. Appears Green River Capital, a servicer for Freddie Mac, is launching a REO RENTAL PROGRAM for Freddie.
Folks at Zillow don't think this will bode well for RE Investors.
Another example of BAD Economic Policy from HUD.

Most Popular Reply

User Stats

628
Posts
251
Votes
Don Hines
  • Investor
  • Little Rock, AR
251
Votes |
628
Posts
Don Hines
  • Investor
  • Little Rock, AR
Replied

Mitch
They could start a whole 'nother agency to hire someone to read the rental application to them. Another agency to inspect the repairs. And another to collect the late fees. Just think about how many jobs that would create!!
Don

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