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Real Estate & Property Law

: The Home Equity Theft Reporter

Freddie Suspends Foreclosures On Mortgages Qualified For Obama Modification Plan; Will Enter Landlord Business; Halts Evictions Thru April 1

By r morris

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In McLean, Virginia, Freddie Mac announced this week:.March 4 press release:Freddie Mac [...] announced it is suspending foreclosure sales on mortgages eligible for the Home Affordable Modification Program announced [...] as part of the Obama Administration?s Making Home Affordable plan. [...] Specifically, Freddie Mac will instruct its servicers not to complete a foreclosure sale on a mortgage

Full post as published by The Home Equity Theft Reporter on March 06, 2009 (boomark / email).

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