Fannie Mae and Freddic Mac Suspend Foreclosures

fannie and freddie suspend foreclosures

Well, here’s some semi-encouraging news for those who are close to eviction:
“The two mortgage giants (Fannie Mae and Freddic Mac) have issued a notice to its loan servicing organizations and retained foreclosure attorneys directing them to suspend foreclosure sales on occupied single-family properties as well as the completion of evictions from occupied single-family properties scheduled to occur from November 26, 2008 until January 9, 2009.”