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Real Estate & Property Law

: The Home Equity Theft Reporter

NY Senator To Fannie: Stop Online Horse Trading In Delinquent Bronx Building Mortgages As Deteriorating Conditions May Force 500+ Families Onto Street

By r morris

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In The Bronx, New York, Crain's New York Business reports:Sen. Charles Schumer will join Bronx tenants Monday to demand that Fannie Mae abandon its effort to sell distressed mortgages on a portfolio of 19 Bronx buildings via an online auction and instead work with the city to find a buyer who will fix up the rundown properties and keep them affordable. The government-sponsored entity bought the

Full post as published by The Home Equity Theft Reporter on July 20, 2009 (boomark / email).

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