holiday: FORECLOSURES HALTED FOR THE HOLIDAYS - 12/10/10 10:50 AM
Many of the larger mortgage lenders in the country are showing a sense of compassion again this year as they have announced that they will not evict any families from their homes during the holiday season. Fannie Mae and Freddie Mac have also joined in by announcing that they will freeze anyforeclosure evictions between December 20 and January 3.
 
Evictions occur once the foreclosure process has completed. People can typically stay in their home until this phase of the foreclosure process. When someone is evicted from their home, thebank has either taken possession of it or it was sold at … (4 comments)