Freddie Mac, Fannie Mae Again Halt Evictions During Holidays

Freddie Mac, Fannie Mae Again Halt Evictions During Holidays

Freddie Mac (FMCC) and Fannie Mae (FNMA) again said they are suspending many of their evictions during the holiday season from Dec. 19 to Jan. 2.

“No family should have to give up their home during this holiday season,” said Terry Edwards, an executive vice president with Fannie Mae. “Fannie Mae is committed to helping borrowers avoid foreclosure whenever possible and we encourage any homeowner who is having difficulty making their payment to reach out for help.”

In recent years, Freddie Mac and Fannie Mae have declared eviction suspensions on foreclosures around the holidays. Several banks have followed suit in recent years, including Wells Fargo & Co. (WFC) and JPMorgan Chase & Co. (JPM) declaring moratoriums this year.

“If the property is occupied, our attorneys will suspend the eviction to provide families a greater measure of certainty during the holidays,” said Tracy Mooney, a Freddie Mac senior vice president.

Any eviction involving foreclosed occupied single-family and two to four unit homes with Freddie Mac or Fannie Mae mortgages will be suspended for the set period. The suspensions will apply only to eviction lockouts related to Freddie- or Fannie-owned properties and won’t affect other pre- or post-foreclosure processes.


15 Responses to “Freddie Mac, Fannie Mae Again Halt Evictions During Holidays”
  1. They just want to look good so they can get their outrageous billion dollar bonus !

  2. Fed Up in Mass. says:

    I do believe that Andy Fastow’s (CFO ENRON) jail cell is empty now… who shall we put in it first?????!!!!!!

    Now that would be quite the Christmas list!!!!

  3. Stupendous Man - Defender of Liberty, Foe of Tyranny says:

    Meaningless. A Public Relations move. The “ass holiness” will resume directly after the first of the year.

    • It floors me how they continue this agregious fraudclosure, when there is so much proof out there of their unclean hands and lack of authourity to foreclose. Please email and write your government officials to call a moritorium on foreclosures until discovery, and all investigations are done, in order for our government officials to avoid enabling the victimizing of all Americans being tossed from our homes, by criminals. Fill out fraud reports to your local police department. Send letters to your alleged debt collectors and qualified written letters of request to prove they have the authority to collect this alleged debt you object to their authority and deni you owe this alleged debt to them. They can hold the note, but not have the authority to collect the alleged debt. Read livinglieswordpress and all the listed contacts helping us on the right of this page. Constant contact with our officials lets them know we are no longer asleep at the wheel. Look up the letter from the Bankers Ass. From Sam Geduldig, Steve Clark, Gary Lytle, and Jay Cranford dated November 24, 2011, that shows the 99% are worring the bankers, therefore they are threatening the politicians, they will dig up dirt on the politicains and it will cost them politically if they show public sympathy in any way with the 99%. Flat out threat gone public. Let our politicains know the banks may buy the adverising and the champagnes, but they can not buy the votes and we are policing our government, and expect honest fudiciary duty from our officials for public interest and not the interest of the banks. I am told by parties in the Credit Union financial institutes that they are all overwhelmed with the 99% changing their accounts to credit unions, and are hardly able to keep up with the demand. We are making a difference. I hope more people cancel their credit cards or flat out refuse to pay them. We need to cut these criminals off at every level we can. I believe they have committed crimes at every step, I believe they are most likely organized criminals in the identity theft arena also. We have been so screwed by them so Schrew them. I have always believed in paying my bills and being responsible. I believe now being responsible is cutting their throats off at every level they have screwed us.

  4. lvent says:

    Throw all of these dirty bastards and all of their minions and cohorts in prison…!

  5. lizinsarasota says:

    Hey, if you believe this I’ve got some swamp land here in Sarasota I’d like to show you. Rock bottom prices and we finance!

  6. Katheryn says:

    Holiday Wishes from our Family (Fannie and Freddie) to yours….however, unfortunately for you, a not so Merry of a New Year.

    They will refrain stealing homes in honor of the Christmas Holiday….I’m not sure Christ would agree with their notion of “giving”…wouldn’t “taking” be more accurate.

  7. talktotennessee says:

    Suspending evictions is not a moratorium on foreclosure. They just had bad press over the 103 woman who locals would not evict making them look bad. This is chickenfeed!

  8. TheHutMaster says:

    Phuck You Fannie, Phuck you Freddie, and Phuck your scumbag attorneys. Are we supose to think this is some kind of gift? All you assholes will be going to jail, and…. I hope we can jail you all Christmas eve. Santa would be proud of us!

    “Fight The Good Fight”
    Every Minute, Every Day.

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