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Real Estate & Property Law

: Housing Wire

Fannie Mae to Allow Some Tenants to Stay After Foreclosure

By DIANA GOLOBAY

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(Update 1 reflects a media statement issued by Fannie Mae. Update 2 reflects the statement by James Lockhart, issued by the FHFA.) It’s the gift that keeps on giving. Government-sponsored entity Fannie Mae’s (FNM: 0.74 +2.78%) efforts to prevent foreclosures and keep people in homes culminated in an unprecedented announcement Sunday that the banking giant would [...]

Full post as published by Housing Wire on December 15, 2008 (boomark / email).

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