Fannie Mae is the nation’s largest owner of foreclosed homes and is selling the repossessed homes at 60 percent below their market value. As Elaine Quijano reports from Cleveland, these rock bottom re-sale prices are destroying the neighborhoods.
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Fannie Mae is the nation’s largest owner of foreclosed homes and is selling the repossessed homes at 60 percent below their market value. As Elaine Quijano reports from Cleveland, these rock bottom re-sale prices are destroying the neighborhoods.
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