Fannie Mae Offers Foreclosure Alternative
Nov 6th 2009 1:30PM
Homeowners facing foreclosure will be allowed to rent their homes at market rates for up to a year. The program, called "Deed for Lease" was announced by government-controlled mortgage backer Fannie Mae on Thursday. Homeowners voluntarily exchange the deed to their house back to the lender for the right to rent their... Continue Reading »



