San Francisco Chronicle – Once it seemed like a radical idea: Let delinquent borrowers stay in their homes as renters after foreclosure.  Last week it gained legitimacy when housing giant Fannie Mae said it would do just that, offering one-year leases at market rates to people who sign over their homes as a deed in lieu of foreclosure.  Voluntarily surrendering homes instead of having the lender repossess them doesn’t wallop the borrower’s credit score as much.

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