Homeowners facing foreclosure won’t be evicted over the holiday season if their mortgages are owned by Fannie Mae FNMA, -2.50% or Freddie Mac FMCC, -4.13%
The two government-sponsored mortgage giants announced Monday that their annual eviction moratorium will run from December 17 through January 2.
While mortgage servicers and lenders may still engage in legal activities related to foreclosure, affected families won’t be locked out of the homes.
This step should bring “a greater measure of certainty,” Freddie said in a release.
“We encourage homeowners who may be struggling with their mortgage or facing possible foreclosure to reach out,” Fannie officials noted.
Credit: Marketwatch
“They can’t evict you on Christmas! Then you’d be ho-ho-homeless!”
– Desmond Askew is outraged in Go (1999).
“Make the lie big. Make it simple. Keep saying it, and eventually people will believe it.”
-Adolf Hitler https://t.co/l5cYcZaiQ5 https://t.co/Zsg2T085Qs pic.twitter.com/A2oX9vH2WK— LawsInTexas (@lawsintexasusa) December 9, 2020
I am text block. Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
The fact remains, citizens around the nation are suffering financially and this is another indication of how disingenuous the legal profession truly is. @bsfllp @SBAgov @PublicCitizenTX @publicjustice @ABAJournal @flcourts @reason @MotherJones @WSJlaw @fbi @TheJusticeDept @ABC pic.twitter.com/i2sMX8sZrI
— LawsInTexas (@lawsintexasusa) December 12, 2020