Bank of America to Let Delinquent Borrowers Rent Their Homes

For preselected homeowners in Nevada, Arizona and New York, B of A is trying a program to keep people in their homes that are serious delinquent.

This keeps the number of foreclosures down and along with HARP2, this can help keep values up by limiting inventory.

See details in the story from Dianna Olick on CNBC.

http://plus.cnbc.com/rssvideosearch/action/player/id/3000080267/code/cnbcplayershare