Why do you have to be a public entity to buy pools of assets from Fannie Mae?
Fannie Mae has some 70K homes they have foreclosed on and own outright, but only public entity’s can purchase POOLS of these homes.. Doesn’t make since, objective shouldn’t be different because of a corporate status. I represent a large P/E group with over B to deploy in distressed real estate acquisitions and can’t get in front of Fannie Mae to help them unload this toxic inventory, crazy!
Tagged with: acquisitions • distressed real estate • fannie mae • pools • public entity
Filed under: Fannie mae Questions
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You have $1 B in p/e assets and you are on Y!A? Seriously?
This is the last place I would be if I had a fraction of those assets to manage. I would not have any time. Speaking of, got to go.