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
