Tag Archive | "fannie mae “deed for lease”"

Hate It!!! Fannie Mae To Rent Out Homes Instead Of Foreclosing

Monday, November 9, 2009

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Hate It!!!  Fannie Mae To Rent Out Homes Instead Of Foreclosing

Fannie Mae “Deed for Lease” program is not something I’m too excited about.   Yes, I tried getting it approved for a friend of mine when she was being foreclosed upon, but in general why should someone get a free ride?  With the new program, the rent amount cannot exceed 31% of homeowner’s monthly income, so [...]

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