New Fannie option: Live rent-free for three months
The post below was written by HSH.com contributing writer Poonkulali Thangavelu. This is Poonka’s first contribution to the blog.
In a bid to follow up on the Federal Housing Finance Agency’s (FHFA) directive to streamline their “deed-in-lieu of foreclosure” program, Fannie Mae has announced some changes–their first being to replace all references of “deed-in-lieu of foreclosure” with “Mortgage Release” program.
