The Obama administration is seeking ideas from market participants on how Fannie Mae, Freddie Mac and the Federal Housing Administration (FHA) can employ bulk sales of foreclosed homes, turning these units into rentals that will help stabilize local housing markets.

The Federal Housing Finance Agency (FHFA) believes that partnerships or joint ventures with the GSEs may be the must effective way to reduce losses to taxpayers and bring liquidity to housing markets. But the GSE regulator also is seeking public recommendations for other strategies. The deadline for submitting ideas is September 15.

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