Check out this news release from October 2009 outlining a program outlining how home owners might rent back a home they are losing in foreclosure.
http://www.fanniemae.com/newsreleases/2009/4844.jhtml
The obvious question is "have you heard of anyone actually doing this?" If this program has existed for almost two years, you would think that the regional real estate community would become aware of someone that has been able to use the program.
http://blogs.wsj.com/developments/2011/08/10/sev...