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Dunia Partow's Blog (1)

Fannie, Freddie Suspend Foreclosures

Thought I would share this info: Fannie Mae and Freddie Mac announced yesterday that they are suspending all foreclosures on mortgages that the two companies own.Both companies have ordered their national networks of mortgage servicers and foreclosure attorneys to halt all foreclosure sales and evictions involving occupied single-family properties. Freddie Mac is also including 2-4 unit occupancies as part of the suspension. The foreclosure moratoriums will take effect November 26 and go… Continue

Added by Dunia Partow on November 21, 2008 at 5:18pm — 3 Comments

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