Freddie Mac to Let Residents Rent Homes After Foreclosure
Freddie Mac announces a first-of-a-kind plan that lets homeowners and
tenants temporarily stay in homes in foreclosure by renting them back, an effort to stop many of the sudden
evictions that have come along with the housing crisis. The program will let thousands of qualified former
homeowners, as well as families renting from landlords, enter into a monthly lease on their homes after they
have been acquired by Freddie Mac through foreclosure. Read more...