Thousands of borrowers on the verge of foreclosure will soon have the option of renting their homes from Fannie Mae, under a policy announced Thursday. The government-controlled company, through its new Deed for Lease program, will allow borrowers to transfer ownership to Fannie Mae and sign a one-year lease, with month-to-month extensions after that.
By editor Nov 5, 2009, 11:38 AM
- Share:
- Stumble it!
- Buzz
- Own-to-Rent by Some Other Name
- The Real Barometers of This Recession
- Wells Fargo Settles with California AG for $1.8 – $2.0 Billion
- Fannie & Freddie May Enable Millions to Refinance
- Foreclosure Bill Moves One Step Closer
- Why Owning a House May Not Be the American Dream
- A New Plan to Stem the Wave of Foreclosures
Leave a Comment
| INDU | 0.00 | |||||||
| NASDAQ | 2831.10 | |||||||
| S&P 500 | 1314.33 | |||||||
| DJIA Fut | 12480.00 | |||||||
| Nasdaq Fut | 2526.50 | |||||||
| S&P Fut | 1312.20 | |||||||
| Oil Fut | 105.68 | |||||||
| Gold Fut | 1658.50 | |||||||
| Nikkei | 8563.38 | |||||||
| Shanghai | 2350.973 | |||||||
| UK | 5350.05 | |||||||
| France | 3038.25 | |||||||
| Germany | 6315.89 | |||||||
-
Blog Roll
-
Blog Roll (Random)






