Only time will tell the fate of Xome and how it affect COOP PPS. With BlackRocks appetite for buying large amounts of foreclosed properties for rental , actual owner occupants might not have a chance to buy. There is always a loop hole....
" NCST does this by facilitating sales of distressed homes to community-based partners, providing technical assistance and capital for single-family rehab, and conducting federal policy advocacy grounded in knowledge of local housing markets."