The CBS Evening News with Scott Pelley - Fannie Mae foreclosure sell-off destroying neighborhood
587 views · Published 25 August 2011 · 3:02 · Indexed 3 October 2026
Channel: CBS News · 2011 · News & Politics
Fannie Mae is the nation's largest owner of foreclosed homes and is selling the repossessed homes at 60 percent below their market value. As Elaine Quijano reports from Cleveland, these rock bottom re-sale prices are destroying the neighborhoods.
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