Obama Realty
July 15, 2009 by admin
Filed under Housing, property, Real Estate, Uncategorized
The Obama administration is looking into creating a plan where mortgage borrowers who have fallen behind on their payments may now have the United States government make the payments for them, and then pay the government rent in the process. Under one idea being discussed, delinquent homeowners would surrender ownership of their homes but would continue to live in the property for several years, the sources told Reuters.
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Obama Realty
