The Obama administration, aiming to boost a housing market showing little sign of recovery from the 2008 credit crisis, is seeking ideas for renting, selling, or disposing of foreclosed homes controlled by the government. The Federal Housing Finance Agency, regulator of Fannie Mae and Freddie Mac, US Treasury Department, and the Department of Housing and Urban Development announced the solicitation yesterday. The agencies are seeking to shrink the pool of foreclosures and boost home prices by finding investors for properties owned by the Federal Housing Administration and US-run Fannie Mae and Freddie Mac.
Remodeling
Source: BOSTON GLOBE
