No Evictions during the Holidays

By odihost on January 7th, 2012

Both Fannie Mae and Freddie Mac will suspend evictions for single-family foreclosures and two- to four-unit properties during the holiday season, from Dec. 19 through Jan. 2, 2012. 

Source: http://www.articlesbase.com/finance-articles/no-evictions-during-the-holidays-5543239.html

According to a Fannie Mae spokesman, “The holidays are meant for families to spend time together, especially if they’ve gone through the stress of financial challenges and foreclosure.  No family should have to give up their home during this holiday season.”  

Source: http://www.articlesbase.com/finance-articles/no-evictions-during-the-holidays-5543239.html

While the holiday moratorium is in place, legal and administrative proceedings for evictions may continue, but families living in foreclosed properties will be permitted to remain in the home until after the moratorium.

Source: http://www.articlesbase.com/finance-articles/no-evictions-during-the-holidays-5543239.html

Although this is a nice gesture on the part of the two largest lenders in the country a recent report indicates we are a long way from being through with the foreclosure crisis.

Source: http://www.articlesbase.com/finance-articles/no-evictions-during-the-holidays-5543239.html

Read More »

No Evictions during the Holidays

By odihost on January 7th, 2012

Both Fannie Mae and Freddie Mac will suspend evictions for single-family foreclosures and two- to four-unit properties during the holiday season, from Dec. 19 through Jan. 2, 2012. 

Source: http://www.articlesbase.com/finance-articles/no-evictions-during-the-holidays-5543239.html

According to a Fannie Mae spokesman, “The holidays are meant for families to spend time together, especially if they’ve gone through the stress of financial challenges and foreclosure.  No family should have to give up their home during this holiday season.”  

Source: http://www.articlesbase.com/finance-articles/no-evictions-during-the-holidays-5543239.html

While the holiday moratorium is in place, legal and administrative proceedings for evictions may continue, but families living in foreclosed properties will be permitted to remain in the home until after the moratorium.

Source: http://www.articlesbase.com/finance-articles/no-evictions-during-the-holidays-5543239.html

Although this is a nice gesture on the part of the two largest lenders in the country a recent report indicates we are a long way from being through with the foreclosure crisis.

Source: http://www.articlesbase.com/finance-articles/no-evictions-during-the-holidays-5543239.html

Read More »

No Evictions during the Holidays

By odihost on January 6th, 2012

Both Fannie Mae and Freddie Mac will suspend evictions for single-family foreclosures and two- to four-unit properties during the holiday season, from Dec. 19 through Jan. 2, 2012. 

Source: http://www.articlesbase.com/finance-articles/no-evictions-during-the-holidays-5543239.html

According to a Fannie Mae spokesman, “The holidays are meant for families to spend time together, especially if they’ve gone through the stress of financial challenges and foreclosure.  No family should have to give up their home during this holiday season.”  

Source: http://www.articlesbase.com/finance-articles/no-evictions-during-the-holidays-5543239.html

While the holiday moratorium is in place, legal and administrative proceedings for evictions may continue, but families living in foreclosed properties will be permitted to remain in the home until after the moratorium.

Source: http://www.articlesbase.com/finance-articles/no-evictions-during-the-holidays-5543239.html

Although this is a nice gesture on the part of the two largest lenders in the country a recent report indicates we are a long way from being through with the foreclosure crisis.

Source: http://www.articlesbase.com/finance-articles/no-evictions-during-the-holidays-5543239.html

Read More »

No Evictions during the Holidays

By odihost on January 6th, 2012

Both Fannie Mae and Freddie Mac will suspend evictions for single-family foreclosures and two- to four-unit properties during the holiday season, from Dec. 19 through Jan. 2, 2012. 

Source: http://www.articlesbase.com/finance-articles/no-evictions-during-the-holidays-5543239.html

According to a Fannie Mae spokesman, “The holidays are meant for families to spend time together, especially if they’ve gone through the stress of financial challenges and foreclosure.  No family should have to give up their home during this holiday season.”  

Source: http://www.articlesbase.com/finance-articles/no-evictions-during-the-holidays-5543239.html

While the holiday moratorium is in place, legal and administrative proceedings for evictions may continue, but families living in foreclosed properties will be permitted to remain in the home until after the moratorium.

Source: http://www.articlesbase.com/finance-articles/no-evictions-during-the-holidays-5543239.html

Although this is a nice gesture on the part of the two largest lenders in the country a recent report indicates we are a long way from being through with the foreclosure crisis.

Source: http://www.articlesbase.com/finance-articles/no-evictions-during-the-holidays-5543239.html

Read More »

No Evictions during the Holidays

By odihost on January 6th, 2012

Both Fannie Mae and Freddie Mac will suspend evictions for single-family foreclosures and two- to four-unit properties during the holiday season, from Dec. 19 through Jan. 2, 2012. 

Source: http://www.articlesbase.com/finance-articles/no-evictions-during-the-holidays-5543239.html

According to a Fannie Mae spokesman, “The holidays are meant for families to spend time together, especially if they’ve gone through the stress of financial challenges and foreclosure.  No family should have to give up their home during this holiday season.”  

Source: http://www.articlesbase.com/finance-articles/no-evictions-during-the-holidays-5543239.html

While the holiday moratorium is in place, legal and administrative proceedings for evictions may continue, but families living in foreclosed properties will be permitted to remain in the home until after the moratorium.

Source: http://www.articlesbase.com/finance-articles/no-evictions-during-the-holidays-5543239.html

Although this is a nice gesture on the part of the two largest lenders in the country a recent report indicates we are a long way from being through with the foreclosure crisis.

Source: http://www.articlesbase.com/finance-articles/no-evictions-during-the-holidays-5543239.html

Read More »

Reuters – Six former top executives at Fannie Mae and Freddie Mac were sued by U.S. regulators on charges of misleading investors about the mortgage finance companies’ exposure to risky home loans in the run-up to the 2008 financial crisis.

View full post on Yahoo! News: Stock Markets News

Read More »

SEC charges ex-Fannie, Freddie CEOs with fraud (AP)

By admin on December 17th, 2011

FILE - In this Dec. 9, 2008 file photo, former Freddie Mac CEO Richard Syron, left, and former Fannie Mae CEO Daniel Mudd wait to testify on Capitol Hill in Washington.  The Securities and Exchange Commission (SEC) has brought civil fraud charges against six former top executives at Fannie Mae and Freddie Mac, saying they misled the government and taxpayers about risky subprime mortgages the mortgage giants held during the housing bust. Those charged include the agencies' two former CEOs, Fannie's Daniel Mudd and Freddie's Richard Syron. They are the highest-profile individuals to be charged in connection with the 2008 financial crisis.  (AP Photo/Susan Walsh, File)AP – Two former CEOs at mortgage giants Fannie Mae and Freddie Mac on Friday became the highest-profile individuals to be charged in connection with the 2008 financial crisis.


View full post on Yahoo! News: Stock Markets News

Read More »

Reuters – Six former top executives at Fannie Mae and Freddie Mac were sued by U.S. regulators on charges of misleading investors about the mortgage finance companies’ exposure to risky home loans in the run-up to the 2008 financial crisis.

View full post on Yahoo! News: Stock Markets News

Read More »