Fannie Mae Allows Defaluter’s to Rent vs Foreclose - 11.10.09
November 10, 2009
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Fannie Mae and Freddie Mac are asking the Federal Government for another $15 Billion dollars in bailout money because of defaults and foreclosures! To add to the Federal control Fannie Mae is rolling out a new program to lease back foreclosed homes and let tenants rent. Fannie Mae is to become the Biggest Federal Landlord in the Country! Watch this Video for More Details! The program is band new and was just announced last Thursday. Fannie Mae will become a land lord on a national scale! They will be leasing back the propeties to clients for one year with a month to month lease option thereafter.
How do you feel about this program? Your comments are welcome.
Until Next time Here is to your success! Jason Wheeler 925-285-2172 | Come to a FREE Bay Area Event |
