Industry NewsMarkets & Economy

Fannie Mae won’t evict renters

Tenants of foreclosed homes can stay if up to code
Published on Jan 14, 2009

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by CareyBot

Fannie Mae will allow qualified renters to sign month-to-month leases and stay on in homes it forecloses on -- without requiring a security deposit, credit check or payment history -- while it markets the homes for sale.

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