Fannie Mae has plans to begin a program to help homeowners who have lost their homes to foreclosure. They will no allow these homeowners to rent their home back for one year. The program is designed to help those who do not qualify for a loan modification. This also helps the banks bring in money on homes that may just sit empty otherwise.

This entry was posted on Friday, November 6th, 2009 at 4:42 pm and is filed under Foreclosure. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.