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BofA: Families facing foreclosure can rent.

In cosas, green on March 27, 2012 at 5:56 pm

More banks in more cities around the country should do this:

Bank of America has announced a program that will let homeowners facing foreclosures stay in their homes as renters.

The “Mortgage to Lease” program will start as a limited pilot program for up to 1,000 homeowners in Arizona, Nevada and New York selected by the bank.

Link:  http://money.cnn.com/2012/03/23/real_estate/bofa-mortgages-foreclosures/?hpt=us_c2

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