|     | ||
| Relevant:
 | 2012-07-01 — mfi-miami.com 
 ``As I've written about before, Fannie Mae and Freddie Mac don't buy anything at a foreclosure because they already have an ownership interest.  The bogus foreclosure sale is just a formality to re-join the mortgage and the note so that Fannie Mae and Freddie Mac can do a post-foreclosure sale of the property with a free and clear title.'' 
	
	source article |
	permalink |	
	discuss | 	
	 subscribe by:
	 Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. | |