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preforeclosure sales: MERRY XMAS FROM FREDDIE MAC! - 12/07/10 08:14 PM
Freddie Mac announced Wednesday it will suspend foreclosure evictions from December 20th through January 3rd. This is the third straight year Freddie Mac has suspended evictions during the holiday season. (This move only applies to those homes that have mortgages backed or guaranteed by Freddie Mac).  Sibling company, Fannie Mae, also won't evict people over the holidays, but that has not yet been announced via news release regarding their upcoming suspension of holiday foreclosures. Fannie Mae and Freddie Mac purchase home loans from lenders and package them into bonds with a guarantee against default and sell them to investors. Today they … (2 comments)

 
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Lynn Arends - Attorney | Designated Broker

Seattle, WA

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Lynn Arends Law Group PLLC & Lynn Arends Realty Group

Address: 2100 Westlake Ave North, Suite 201, Seattle, WA, 98109

Office Phone: (206) 282-4848

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