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Wednesday
Dec012010

Freddie Mac Will Not Evict Families During Holidays

Photo Courtesy -- ABC News(MCLEAN, Va.) – Lending giant Freddie Mac has announced that it will not evict families from foreclosed homes over the holidays.

The Federal Home Loan Mortgage Corporation said Wednesday it will not carry out evictions on foreclosed single family and two to four unit properties that are occupied.

"If the property is occupied, our foreclosure attorneys will suspend the eviction to provide a greater measure of certainty to families during the holidays," said Anthony Renzi, executive vice president of Single Family Portfolio Management at Freddie Mac.
 
The order will go into effect on December 20, 2010, and end January 3, 2011.

Copyright 2010 ABC News Radio

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