Fannie, Freddie announce holiday suspension of foreclosure evictions

The two government-sponsored mortgage giants announced Monday that their annual eviction moratorium will run from December 17 through January 2. While mortgage servicers and lenders may still engage in legal activities related to foreclosure, affected families won't be locked out of the homes. This step should bring “a greater measure of certainty,” Freddie said in […]

Fannie, Freddie to Halt Foreclosure Evictions During Holidays

Both of the moratoriums issued by the government-sponsored enterprises begin December 19. Fannie's moratorium ends January 2, while Freddie's will last through January 3. While evictions cannot occur during these time periods, other legal and administrative proceedings related to pre- or post-foreclosure activities may continue. “Our announcement today is to help provide families with a […]