WHERE ARE THE DAMN HANDCUFFS? (Fraudie)
Karl Denninger
November 5, 2009
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.
The government-controlled company, through its new "Deed for Lease" program, will allow borrowers to transfer ownership to Fannie Mae and sign a one-year lease, with month-to-month extensions after that.
This has exactly nothing to do.....
