BofA’s mortgage-to-lease program may become the new fad

Short Sale Homes and Help

People are watching with interest as Bank of America  ($9.23 0.03%) rolls out its mortgage-to-lease program. The appeal is obvious to consumers who get a chance to stay in their homes, but will this new program spark a new fad in the mortgage industry? Alex Matjanec, co-founder of MyBankTracker.com, said it might, but not just yet. “I think the natural thing [...]