Foreclosures Delayed until after the holidays

By
Real Estate Agent with Urban Nest Real Estate Group at eXp Realty

A reprieve is in order for those in question of losing their home this holiday season.  Fannie Mae and Freddie Mac say they are delaying foreclosures for two weeks between Dec 17 - January 2.  

Foreclosures Delayed

This means they will delay evicitions during the holiday season.  They may still continue other foreclosure activities, however, evictions are sure to be halted.  Bank of America has also agreed to suspend evictions.  There is yet to be confirmation from other large banks if they will follow suit.  

 

Comments (2)

Kim Gaston
RE/MAX Advantage Realty - Colorado Springs, CO
Colorado Springs REALTOR®, CNE (719)661-6987

Hi Jamie and a big welcome to ActiveRain! The rain is full of wonderful mentors that do an awesome job reaching out. Much success to you in 2013!

Dec 11, 2012 08:59 PM
Anonymous
Jamie Walzer

Thanks Kim!  I look forward to being a part of the community!  Happy Holidays to you as well.

Dec 13, 2012 02:21 AM
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