Fannie, Freddie to Give Foreclosures a Holiday
Starting on Nov. 26, mortgage finance mega-firms Fannie Mae and Freddie Mac will take a time out from foreclosures and evictions until Jan. 9 -- a welcome holiday break for struggling homeowners that hopefully will catch on among other corporate players in the mortgage market.Starting on Nov. 26, mortgage finance mega-firms Fannie Mae and Freddie Mac will take a time out from foreclosures and evictions until Jan. 9 — a welcome holiday break for struggling homeowners that hopefully will catch on among other corporate players in the mortgage market.
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