Updated almost 17 years ago on . Most recent reply
Fannie Mae - the landlord
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.