Community Progress Blog

Letter from the President

Written by on September 10, 2012

In July, the Federal Housing Finance Agency (FHFA) announced that it had approved buyers for nearly 2,500 vacant Fannie Mae properties.  Most of the winning bidders in this auction — the first of many needed to deal with the hundreds of thousands of vacant properties currently held in Fannie Mae and Freddie Mac’s portfolios —…

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