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as part of bail-out government is setting up a federal rental agency which basically buys all the homes from the market or trouble home owners and rents it back to them same owners or anyone else. to sell your house to this agency you have to prove that you are facing foreclosure or you are very close. FRA checks every single bank account you have and will only pay the amount you owe to the bank. if any $$s is taken out of the home and invested elsewhere FRA will take that as well! hehe.. i came up with this :-)
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First Matress United S&L!!!
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