Currently viewing the tag: "deed for lease program"

Two weeks ago, Fannie Mae announced a Deed for Lease Program, otherwise known as DL4 for homeowners who are facing foreclosure and do not qualify for a traditional loan modification or Obama’s Making Homes Affordable Plan, which was enacted in … Continue reading

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I don’t qualify for loan modification, now what? On November 5, Fannie Mae announced its new Deed-for-Lease Program (D4L) that allows eligible borrowers facing foreclosure (or their tenants) to stay in their primary residences.

Under D4L, the borrower transfers … Continue reading

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