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Real Estate & Property Law

: The Home Equity Theft Reporter

Fannie Unveils Its "No Boot" Policy For Eligible Tenants In Foreclosed Homes; Renters To Choose Either Month-To-Month Lease Or "Cash For Keys"

By r morris

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In Washington, D.C.: Fannie Mae [Tuesday] announced the establishment of a new National Real Estate Owned (REO) Rental Policy that will allow qualified renters in Fannie Mae-owned foreclosed properties to stay in their homes.***The new policy applies to renters occupying foreclosed properties at the time Fannie Mae acquires the property. Renters occupying any type of single-family property will

Full post as published by The Home Equity Theft Reporter on January 14, 2009 (boomark / email).

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