Fannie & Freddie Suspend Evictions Over the Holidays

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Government-back giants Freddie Mac and Fannie Mae have announced they will suspend eviction lockouts over the holiday season.  As reported by Mortgage News Daily, the GSEs (Government-Sponsored Enterprises) will start their eviction moratorium (applying to single-family through 4-unit properties) from December 17 through January 2, 2019.

“We believe it is important to extend the timeline of help for struggling borrowers during the holidays,” said Jacob Williamson, Vice President of Single-Family Real Estate at Fannie Mae.

Click here to read the full story at Mortgage News Daily.

 

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Director of Education & Outreach, National Real Estate Investors Association