Don’t Lose Heart Because of Institutional CompetitionI remember feeling somewhat uncomfortable at the announcement earlier this year that Fannie Mae and Freddie Mac would be packaging large portfolios of foreclosed properties and selling them to the highest bidder. As a smaller investor, I did not like the idea of larger buyers having an unfair advantage over the smaller guys like myself.  Truthfully, with such a high level of competition acquiring foreclosed properties and so many distressed … [Read more...]