Fannie Mae offers
borrowers options WASHI
By AP Real Estate Writer ALAN ZIBEL (The Associated Press)
WASHINGTON – Can’t pay the mortgage? You still might be able to stay in your home. Government-controlled mortgage company Fannie Mae is going to give borrowers on the verge of foreclosure the option of renting their homes for a year. The change announced Thursday could give a temporary break to thousands of homeowners, but critics question whether it will only add to the losses at the company.
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