Fannie Mae Announces Eviction Moratorium from December 19, 2012 through January 2, 2013

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Fannie Mae Announces Eviction Moratorium from December 19, 2012 through January 2, 2013

Fannie Mae Announces Eviction Moratorium from December 19, 2012 through January 2, 2013

WASHINGTON, DC – Fannie Mae (FNMA/OTC) announced today that it will suspend evictions of foreclosed single family and 2-4 unit properties from December 19, 2012 through January 2, 2013.  Legal and administrative proceedings for evictions may continue, but families living in foreclosed properties will be allowed to remain in the home during this period.

“We’re taking this step in support of families who have faced financial challenges and gone through a foreclosure,” said Terry Edwards, Executive Vice President of Credit Portfolio Management, Fannie Mae. “The holidays are a chance to be with loved ones and we want to relieve some stress at this time of year.  We encourage homeowners having difficulty to reach out for help as soon as possible.”

Previously, Fannie Mae announced a temporary suspension of foreclosure sales and evictions in areas designated for individual assistance by FEMA due to Hurricane Sandy.  That 90-day suspension will last through February 1, 2013.

[FANNIE MAE]

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2 Responses to “Fannie Mae Announces Eviction Moratorium from December 19, 2012 through January 2, 2013”

  1. Sarah says:

    Fannie Mae is Bankster owned. There’s no better way to describe whom they hide behind, and they are getting away with it. They know full well what happened.

  2. Marcie Jacobs says:

    Dear Friends,

    I just created the petition “Don’t Steal Our Home Freddie Mac” and wanted to ask if you could add your name too.

    This campaign means a lot to me and the more support we can get behind it, the better chance we have of succeeding. You can read more and sign the petition here:

    http://start2.occupyourhomes.org/petitions/don-t-steal-our-home-freddie-mac

    Thank you!

    Marcie

    P.S. Can you also take a moment to share the petition with others? It’s really easy – all you need to do is forward this email or share this link on Facebook or Twitter:

    http://start2.occupyourhomes.org/petitions/don-t-steal-our-home-freddie-mac

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