The Government Is Selling Thousands of Homes to Hedge Funds Without Their Owners' Knowledge

Wednesday, September 23, 2015

The Government Is Selling Thousands of Homes to Hedge Funds Without Their Owners' Knowledge

Jared Bennett reports at The Atlantic:

It was a great deal for Oaktree. The fund bought the pool of mortgages for about two-thirds of the $105.7 million HUD estimated the homes were worth. [Julius] Uwansc, …