legalnovice
New Member
I am currently residing as a tenant in a home that has been foreclosed upon. My lease does not expire until 2012 and I do not want to move...otherwise I would not have signed such a long term lease. The home is currently owned by Freddie Mac and I contacted them yesterday afternoon because I only found out about the foreclosure yesterday morning. I am wondering if I am covered under the Obama tenant protection law. On the phone yesterday Freddie Mac said they would have somebody contact me about my options. On their website it states that they will rent month to month to tenant that are still in homes that they are foreclosed on. Why the discrepancy between their website and the law I read? I may be missing an important element of the law. My lease payment is due on the 15th and I have never been late once and do not want them to use that as an excuse to evict me. Should I place that money in some type of escrow account? Bank or Court?