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Real Estate & Property Law

: The Home Equity Theft Reporter

Freddie To Cut Down On Foreclosure Evictions; Will Allow Qualified Tenants To Temporarily Stay, Rent Homes After Foreclosure

By r morris

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USA Today reports: Freddie Mac on Friday plans to announce a first-of-a-kind plan that lets homeowners and tenants temporarily stay in homes in foreclosure by renting them back, an effort to stop many of the sudden evictions that have come along with the housing crisis. The program will let thousands of qualified former homeowners, as well as families renting from landlords, enter into a monthly

Full post as published by The Home Equity Theft Reporter on January 30, 2009 (boomark / email).

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