Fannie Mae Freezes Foreclosures

Fannie Mae, Freddie Mac and several other banks are doing a little something (well actually they are stopping something) to help struggling homeowners during the Holidays.  From December 19, 2011 through January 2nd 2012 Fannie, Freddie and several other jolly banks are putting a moratorium on evicting foreclosures homeowners during the Holiday season. Legal proceedings may continue during these times however families will not be forced to move from their homes.  According to Realty Trac, … [Read more...]