Freddie Mac . . . your landlord?
Friday, January 30, 2009 - By Gate Arty
Freddie Mac announced today that it would permit homeowners who have lost their home to foreclosure to actually turn around and rent them back from Freddie Mac. "Keeping foreclosed properties occupied and in better repair will support local property values and promote a faster recovery in the housing market," said Freddie Mac CEO David Moffett.
Tags: foreclosure, freddie mac, real estate
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