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BofA to offer rentals as foreclosure alternative

Associated Press
BofA to offer rentals as foreclosure alternative

FILE - A Bank of America branch is shown in a Charlotte, N.C. file photo from April 20, 2006. Bank of America said Thursday March 22, 2012 it has begun a pilot program offering some of its mortgage customers who are facing foreclosure a chance to stay in their homes by becoming renters instead of owners. (AP Photo/Chuck Burton, File)

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