Freddie Mac Foreclosures on Hold for the Holidays

by Dru Bloomfield on November 23, 2008

Sign Of The Times - Foreclosure
Image by respres via Flickr

Everyone can take a breath.  Locally, Aimee Ghimire just reported this news which will hopefully take some of the pressure off home owners, in specific situations, who are behind on their mortgage payments.  Take a look at the full article, Foreclosures suspends all foreclosures, for more details on who may benefit from this reprieve.

A foreclosure break for the holidays. Freddie is announcing a suspension to all foreclosure activity from the day before Thanksgiving to January 9, 2009. Here is what Freddie has on its website:Arizona Mortgage Guru, Nov 2008

Reblog this post [with Zemanta]

{ 2 trackbacks }

At Home In Scottsdale | Your Guide to Scottsdale Real Estate «
11.24.08 at 10:49 am
At Home In Scottsdale | Your Guide to Scottsdale Real Estate «
11.24.08 at 11:27 am

{ 0 comments… add one now }

Leave a Comment

You can use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

CommentLuv Enabled