Auctions Trigger More Housing Flips
Freddie Mac to Auction $410 Million Worth of Delinquent Mortgage
Loans: Government-sponsored enterprise Freddie Mac has announced that it will begin its second sale of “deeply delinquent” mortgage loans in three pools. The
delinquent loans are scheduled to be auctioned off in three pools with
unpaid principal balances. Offers are due for the delinquent loans on
February 4. Investors purchasing properties through online auctions are showing more signs of flipping properties again,
according to Fourth Quarter 2014 Real Estate Investor
Activity Report, a nationwide survey of real estate investors who bid on
properties at auctions, read more.
Freddie Mac to Auction $410 Million Worth of Delinquent Mortgage
Loans: Government-sponsored enterprise Freddie Mac has announced that it will begin its second sale of “deeply delinquent” mortgage loans in three pools. The
delinquent loans are scheduled to be auctioned off in three pools with
unpaid principal balances. Offers are due for the delinquent loans on
February 4. Investors purchasing properties through online auctions are showing more signs of flipping properties again,
according to Fourth Quarter 2014 Real Estate Investor
Activity Report, a nationwide survey of real estate investors who bid on
properties at auctions, read more.
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