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kleinbl00 · 3185 days ago · link · · parent · post: Wall Street Veterans Bet on Low-Income Home Buyers
The earlier link in your article is straight-up nightmare fuel. One of the larger firms in this market, Harbour has bought more than 6,700 single-family homes in Ohio, Michigan, Illinois, Florida, Georgia, Pennsylvania and a handful of other states since 2010 — most of them from Fannie Mae, according to the mortgage finance firm and the foreclosure research firm RealtyTrac. Ten of the more than 50 homes Harbour bought in Akron have been torn down after being condemned and two others are slated for demolition, Mr. Groeger said.One of several firms Mr. Groeger’s office has fielded complaints about is Harbour Portfolio Advisors of Dallas.