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Tagged : Fannie Mac

Found 1 blog entry tagged as "Fannie Mac". - Homeowners facing foreclosure just received an early Christmas present: They won't be evicted from their homes over the holidays.

Mortgage giants, Freddie Mac  and Fannie Mae, announced Monday that they will suspend all bank repossessions beginning December 17 and December 19, respectively, and will not resume the evictions until January 2, 2013.

"The holidays are a chance to be with loved ones and we want to relieve some stress at this time of year," said Terry Edwards, Executive Vice President of Credit Portfolio Management, Fannie Mae.

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