C.A.R. commends California congressional members for introducing bill to stop bulk REO sales in California

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LOS ANGELES, CA – May 21, 2012 – (RealEstateRama) — The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) applauds California Congressmen Gary Miller (R-Brea) and seven other California congressional members for introducing legislation that calls for the Federal Housing Finance Agency (FHFA) to cease its plan to sell Fannie Mae-owned foreclosed homes in California to large investors.

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