Thursday, November 20, 2008
Suspension of Foreclosures in US
Fannie Mae to Suspend Foreclosures
Fannie Mae today issued a notice to its loan servicing organizations and retained foreclosure attorneys directing them to suspend foreclosure sales on occupied single-family properties as well as the completion of evictions from occupied single-family properties scheduled to occur from November 26, 2008 until January 9, 2009
5 thoughts on “Suspension of Foreclosures in US”
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gardeniadotnet says:
aka ‘repossessions’
See where I’m going here?
planning4acrash says:
So, do good, hard working Americans have to pay higher rates now to subsidize idiots who can’t think or read?
gardeniadotnet says:
Hey! (forgive my premature interjection.)
Are you going mainstream, p4ac?
gardeniadotnet says:
This isn’t the nihilistic p4ac I’ve come to know and love (in a purely platonic way, you understand).
d'oh says:
Yes, it is becoming clearer and clearer by the day that the frugal will be sacrificed on the altar of the prodigal. I always hated the prodigal son parable…no comeuppance…and what about the poor dutiful sons, how did they really feel about it all?