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December 02, 2009 | | Comments 0 | Filed Under: DailyForeclosureGovernmentNewsWall StreetWorld

What homeowners need to know about Fannie Mae’s ‘Deed for Lease’

The nation’s mortgage ownership giants, Fannie Mae and Freddie Mac, are offering welcome relief this year to homeowners who cannot pay their mortgage debt. For months, both companies have leased back homes to homeowners who have been foreclosed on.

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