Fannie Mae Deed For Lease Program Rules
Added November 5, 2009 by Ilyce R. Glink
Fannie Mae Deed For Lease Program Rules.
Fannie Mae announced an innovate program designed to help homeowners avoid foreclosure. Called Deed for Lease, the program allows struggling homeowners who are unable to qualify for a loan modification under the current Obama Loan Modification Plan to hand their keys over to Fannie Mae, but then rent back their house at current market rental rates. Here are the Deed for Lease program rules.
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