Good new for renters, Fannie Mae released an official statement last month protecting Tenants that are living in homes where the landlord/owner is in foreclosure. Several of our clients have experienced this over the last year, and finding a good rental is getting harder every month.
this program will help (hopefully) keep your family in the property . follow this link to the offical Fannie Mae press release.
If you are renting a house or will be renting soon. Contact me. I can look up the mortgage on the home to tell you if it might qualify in the event the owner/landlord were to be foreclosed. you can also follow this link back to the Fannie Mae website.