Yet again, the government-backed mortgage giants announced they will put a temporary halt to all foreclosure related evictions between December 17 and January 2, 2015" Today's announcement will bring some holiday relief to borrowers who went through foreclosure and were preparing to move," said Chris Bowden, senior vice president of REO at Freddie Mac.
While evictions will come to a halt during the period, all legal and administrative proceedings will continue. The agencies will continue to file notices of default and schedule auction sales, said Bowden.
If a foreclosure sale is completed during the moratorium, families won't be forced to leave their homes until after January 2.
Here is a link to find details for details
Apart from Fannie & Freddie in past there are other convention banks that have temporary halt the foreclosure. Contact your lender about this.
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