The governments effort to develop and implement a plan for bulk sales of inventory of government-owned foreclosed properties is slowly gaining form and substance, according to the summary of suggestions released by the Federal Housing Finance Agency released last week.In August, the FHFA, along with the Treasury Department and the Department of Housing and Urban Development, issued a request for information seeking input for new options for selling single family REO held by Fannie Mae, Freddie Mac and the FHA.