Fannie Mae and Freddie Mac,bought all the bundled up junk mortgages from the banks. They are actually the ones doing the evictions. Now, I am not a conspiracy theory guy, but a realist. Fannie Mae and Freddie Mac are manipulating the market by withholding inventory. They are not only evicting homeowners, but tenants of income properties and not re-renting, or selling the property. Please see https://www.youtube.com/watch?v=9A0tW_g2bNg. This is a short film we made. It's a little "artsy" at times, but gets the point across well. By the way, the home in the film is still empty. There is a "For Sale" sign, but all the numbers are "888", there is no agents name, and no one answers the phone. Also, there is a notice in the window, "Not for Rent".What sane landlord leaves a property empty for 6 mos. with no income, or can't sell a property in the Bay Area within a week? A Government Corporation that's trying and is succeeding in manipulating the real estate market. Welcome to the "Free Market" of U.S. capitalism.
