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Friday, February 17, 2012

BERNANKE: Renting Might Be The Path Out Of Foreclosure

BERNANKE: Renting Might Be The Path Out Of Foreclosure: Rent-to-own provisions, which would give existing tenants the option to purchase their properties during their tenancies, might facilitate the transition of some renters back to the owner-occupied market," the report says. "Such provisions may also reduce costs by encouraging renters to maintain their properties to a greater extent."

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