Does this sound ethical?
Quotes:
Mystery buyer snaps up foreclosure homes
- Mystery buyer snaps up foreclosure homes
- A few days ago, 275 foreclosure houses across metro Phoenix were purchased through a very quiet $34 million cash deal. But it's not clear yet who the buyer is.
- In the latest sales filings, he discovered that a group called SFR 2012-1 US West LLC, located at 135 N. Los Robles Ave., fourth floor, in Pasadena, Calif., purchased 275 foreclosure homes from Fannie Mae that day.
- More research shows the buyer is an LLC created by Fannie Mae.
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