Emerging Issues News
11/6/2009 10:13:03 AM EST
Fannie Mae offers rental option instead of 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….
Subscribers to www.lexis.com may read the full version of this article here. Create an account or login to post comments.