Industry NewsMarkets & Economy

Bill would stop bulk REO sales in California

NAR backing sponsor Gary Miller's reelection bid
Published on May 18, 2012

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by CareyBot

California Rep. Gary Miller -- who's getting major backing from the National Association of Realtors as he runs for reelection to Congress in a new district -- has introduced a bill that would put the brakes on the bulk sales of Fannie Mae real-estate owned (REO) homes in the state.