Fannie Mae Offers Homeowners Facing Foreclosure An “Opportunity” To Rent Not Own?

Updated 2 months, 4 weeks ago

Source: http://www.allmandandlee.com/

According to an article in the Star-Telegram, Fannie Mae is offering homeowners facing foreclosure the option of leasing their home instead of going through the foreclosure process.

The article said:

“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 [...]

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