Morning Minute: Freddie and Fannie suspending foreclosure evictions for the holidays

Freddie Mac and Fannie Mae will again halt foreclosures during the holiday season. CNN reports that the two mortgage giants will “suspend all bank repossessions beginning December 17 and December 19, respectively, and will not resume the evictions until January 2, 2013.”

More headlines:

Home prices post biggest jump in over six years: CoreLogicReuters

Construction Spending in U.S. Increases More Than ForecastBloomberg

This entry was posted in Housing Market, Uncategorized by Stephanie Sievers. Bookmark the permalink.

About Stephanie Sievers

Stephanie Sievers is Senior Editor for the Illinois Association of REALTORS®. She serves as Senior Editor for IAR publications including the Illinois REALTOR® magazine and all other IAR publications. She is responsible for developing content for the Illinois REALTOR® Weekly Connection e-newsletter, coordinates the IAR Twitter account content at ILREALTOR and plans and develops content for videos. She assists in developing and writing content for the IAR blog. She also is involved in researching and drafting news releases and coordinates the news media distribution database and newsclips reports for the Association. She also assists in IAR spokesperson training seminars and is involved in development of association briefing materials on issues. She assists with the housing statistics program and reports.

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