Freddie Mac suspends evictions for the holidays
Mortgage titan Freddie Mac said Wednesday that homeowners who have lost their homes to foreclosure will not be evicted from their properties over the holiday season.
The McLean, Va., mortgage investor said all evictions involving single-family homes and properties of two to four units would be suspended from Dec. 20, 2010, to Jan. 3, 2011.
"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.
-- Alejandro Lazo
Photo: Freddie Mac headquarters.
Credit: Win McNamee/Getty Images