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Real Estate & Property Law

: Housing Wire

Fannie to Allow Tenants to Remain in REO Properties

By DIANA GOLOBAY

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A previous foreclosure and eviction suspension to last until Jan. 9 was announced in November by government-sponsored entity Fannie Mae (FNM: 0.6538 -5.25%) 2008 and later — on Jan. 8 — extended to the end of January. Originally said to be a pause to allow time for the streamlined modification process (SMP) to activate on [...]

Full post as published by Housing Wire on January 14, 2009 (boomark / email).

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