Freedie Mac and Fannie Mae Celebrate With a Foreclosure Holiday

November 20, 2008 · Posted in Corporate Finance · Comment 

Fannie Mae and Freddie Mac are offering early holidays gifts to Americans on the brink of foreclosure.  It was announced today that both lenders would put a temporary halt to foreclosure sales and evictions of occupied single-family homes during the holiday season.  Probably makes a lot of sense considering that this is the real estate slow season, anyway.

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