Second Chance for Foreclosure Victims

Foreclosure victims are bouncing back, with reports that some lenders are willing to forget the past and give people a second shot at owning a home, with mortgage loans designed especially for this demographic.

BoA Launches Mortgage to Lease Program

Last week, Bank of America announced that for a select group of homeowners currently facing foreclosure, they would have the option to remain in their homes after all. The catch? They don’t actually get to keep their homes… they have to rent it from the bank instead.

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