Freddie Mac Suspends Evictions During Holidays

December 1 2010 (Jeff Alan)
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Government mortgage giant Freddie Mac announced today that it is suspending foreclosure evictions from December 20 to January 3 for all occupied single family and 2-4 unit properties that have associated Freddie Mac mortgages.

“If the property is occupied, our foreclosure attorneys will suspend the eviction to provide a greater measure of certainty to families during the holidays,” said Anthony Renzi, Executive Vice President of Single Family Portfolio Management at Freddie Mac, in a release.

This is the third straight year that Freddie Mac has suspended foreclosure evictions during the holidays. In 2008, the suspension was from November 26 to January 9 and in 2009 the suspension was from Dec 19 to Jan 3.

Tags: freddie mac, foreclosure evictions, holidays, suspensions, single family properties, mortgages