Personal Finance Advice and Commentary

Tuesday, March 20, 2012 10:21 am
By Judy Martel · Bankrate.com

As mortgage servicer Fannie Mae begins unloading foreclosed properties, Wall Street investors are preparing to buy in bulk. Private equity investors, hedge funds and broker-dealers are interested in purchasing pools of properties that include anywhere from 572 homes in the Atlanta area to 99 in Chicago, the Wall Street Journal reports. In all, 2,500 homes