Tuesday, December 16, 2008

RENTERS AID ON FORECLOSED HOMES

There is almost nothing worse than a family renting a home coming back to find the locks changed and a notice to vacate within 24 hours. Renters have had no recourse when a home is taken over by the bank in foreclosure. today Fannie Mae said it is implementing a plan to help renters stay in their homes even if landlords enter foreclosure. The will allow renters to lease during the foreclosure and get cash tohelp move. About time........

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