New Fannie Mae Program *Allows* Homeowners to Turn in Deeds for Leases with Fannie Mae.
Can someone tell me how this is different than the massive foreclosures on American farmers in the 1890’s? Really? I want to hear how.
Homeowners now have the *marvelous* option of becoming tenants to Fannie Mae for one year instead of being homeless destitute foreclosed upon homeowners!
Oh Goodie we get to be tenants in our own homse because the banks created a housing bubble that made our home worth more than anything we could actually afford to live in and then took that profit and is now wiilling to RENT us OUR HOME (for one year) until they figure out how to take us for ever as a new “tenant”???
This is an interest only loan gone berserk. This is pure and simple debt slavery where you never own a thing you simply rent – and pay – or you could just call it what it is: Modern Feudalism.
Hello new world.
Goodbye old one…
Fannie Offers Leases for Deeds Trade Your Home for a Lease Today!
Because… YOU CAN!!!
