accountMortgage giant Fannie Mae (FNM: 1.12 +2.75%) released details Thursday of a deed-for-lease program designed to offer borrowers an alternative to foreclosure. The Deed-for-Lease (D4L) Program aims to minimize neighborhood blight and encourage house price stabilization by cutting down on foreclosures, real estate-owned (REO) and vacant properties, and distressed home sales. Beginning immediately...
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