Finally, a decent christmas gift

November 21, 2008

Its being reported today that Fannie and Freddie are suspending foreclosures for about 16,000 households during the holiday season (Nov. 26 through Jan. 9th, 2009).

The announcement “provides a new measure of certainty to many of these families during the holidays,” Freddie Mac Chief Executive David Moffett said in a release.

Happy holidays to one and all.


One comment

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