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GSEs Suspend Foreclosure Evictions Until Jan. 3

By JON PRIOR

The government-sponsored enterprises (GSEs), Fannie Mae (FNM: 1.10 +0.92%) and Freddie Mac (FRE: 1.39 +0.72%) have suspended foreclosures for the holidays. The suspension follows Citigroup?s (C: 3.309 +3.41%) gift to its borrowers, when it announced that there would be no foreclosures until Jan. 17. Freddie Mac ordered its eviction attorneys to suspend all evictions involving single-family and [...]

Full post as published by Housing Wire on December 18, 2009 (boomark / email).