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Friday, November 20, 2009, as of 11:09 PM EDT

Fannie Offers Longer Lease to Borrowers

Agreements can run for up to a year

American Banker  |  Friday, November 6, 2009

Fannie Mae said Thursday that it is rolling out a new program under which it will offer market-rate leases for terms of up to a year to troubled borrowers who turn over the deeds to their homes...

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