BofA to try converting foreclosures into rentals - Los Angeles Times - 1 views
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Bank of America Corp. has tentatively joined a nascent housing industry movement in which homes in or near foreclosure are sold to investors as rental properties.
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often would be better for homeowners, communities and the banks themselves to keep troubled borrowers on as renters rather than kick them out
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Bank of America doesn't plan to become a longtime landlord for borrowers turned tenants
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