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Fannie And Freddie Will Suspend Foreclosures Until Jan 9
The two villains in the financial bailout problems America is having will place holds on foreclosures until early next year. The six week halt will begin Nov. 26, a day beforeĀ Thanksgiving holiday, and last through Jan. 9th. Fannie and Freddie own or guarantee $5.2 trillion of the $12 trillion U.S. home mortgage market and have been shown to be a direct contributor to the world financial problems after they followed the orders of Congress lead by Barney Frank and Maxine … |
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