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Bernanke calls for nationwide REO rental program Two Harbors makes progress on REO-to-rental program Jacob Gaffney is formerly Editor-in-Chief of HousingWire and HousingWire.com.

Federal Reserve Chairman Ben Bernanke believes that one aspect should be a government support program that allows renters to move into those houses.. bernanke calls for nationwide REO rental.

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 · The U.S. government-run mortgage finance firms Fannie Mae and Freddie Mac could play a bigger role in turning around the battered U.S. housing market, the Federal Reserve told Congress, a call.

Federal Reserve Chairman Ben Bernanke has made a suggestion to allow/encourage banks to rent these properties rather than leave them vacant, Bernanke calls for nationwide REO rental program. Such program could have benefits for Dennis.

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The Obama administration this summer floated the idea of selling foreclosed homes to investors, who would agree to rent them out. The interest in a REO-to-rental program was so high that interested parties flooded the government with nearly 4,000 RFIs – or requests for information – in September when the topic hit fever pitch.

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Och-Ziff Calls Top Of "REO-To-Rental", And Distressed Housing Demand, With Exit Of Landlord Business. less sophisticated investors who have yet to discover the lack of IRR associated with the REO-to-Rental program.. and the end of the illusion that this time it’s different and Bernanke has.