Bankruptcy Law News
11/6/2009 10:20:15 AM EST
Fannie Mae offers borrowers option to foreclosure
WASHINGTON – (AP) Can't pay the mortgage? You still might be able to stay in your home. Government-controlled mortgage company Fannie Mae is going to give borrowers on the verge of foreclosure the option of renting their homes for a year.
The change announced Thursday could give a temporary break to thousands of homeowners, … Full version (available to lexis.com subscribers) Create an account or login to post comments.