See more news releases in: Real Estate, Residential Real Estate
Freddie Mac Suspends Evictions Through January 3, 2010
MCLEAN, Va., Dec. 17 /PRNewswire-FirstCall/ -- Freddie Mac (NYSE: FRE) today announced it has ordered its eviction attorneys to suspend all evictions involving foreclosed occupied single family and 2-4 unit properties that had Freddie Mac-owned mortgages between December 19, 2009 and January 3, 2010.
"If the property is occupied, our attorneys will halt the eviction during this holiday moratorium," said Freddie Mac CEO Ed Haldeman. "In these extraordinary times, we want to provide a greater measure of certainty to these families during the holidays."
Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Over the years, Freddie Mac has made home possible for one in six homebuyers and more than five million renters.
SOURCE Freddie Mac
Back to top
RELATED LINKS
http://www.freddiemac.com
Custom Packages
Browse our custom packages or build your own to meet your unique communications needs.
PR Newswire Membership
Fill out a PR Newswire membership form or contact us at (888) 776-0942.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.
Featured Video
More in These Categories
Journalists and Bloggers
Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.
View and download archived video content distributed by MultiVu on The Digital Center.
Free Investing Newsletter from Investor Uprising!
Learn to navigate the world's financial system and profit from leading companies.
Register for Investor Uprising, the people's investment site, for a free weekly newsletter, information, education and premium research including our latest IU Confidential Report - "All The Glitters: The Ultimate Gold Report".