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Updated over 16 years ago on . Most recent reply

User Stats

249
Posts
46
Votes
Ana Hyler
  • Lincoln, NE
46
Votes |
249
Posts

Fannie Mae - the landlord

Ana Hyler
  • Lincoln, NE
Posted

I read online that:

"Fannie Mae agreed yesterday to become a “national landlord,†by support the first initiative designed to rescue renters facing eviction all across the country. The mortgage giant will sign month-to-month leases for tenants who live in Fannie-owned, foreclosed properties.
Fannie expects the program to initially help 4,000 renters. According to analysts, approximately 70,000 renters faced eviction in recent months, despite keeping up with monthly payments."

I see it as a huge competition.

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