WASHINGTON - Thousands of borrowers on the verge of foreclosure will soon have the option of renting their homes from Fannie Mae, under a policy announced Thursday.
When Sharon Sakson was laid off recently from her job as a television writer and producer, she burned through her savings to pay the $2,400 monthly mortgage on her home.
Oct. 30--With hundreds of Floridians filing complaints about troubles with their lenders over home mortgages, state and federal officials say they're ramping up efforts to improve the process for borrowers who need a loan modification.