Virginia Real Estate Blog: Moratorium on Some Foreclosures

Moratorium on Some Foreclosures

Fannie and Freddie - Extended Moratorium

Government-controlled mortgage finance companies Fannie Mae and Freddie Mac said Friday they have immediately suspended all foreclosure sales involving occupied single-family and 2-4 unit properties through March 6, to give troubled borrowers more time to work with loan servicers to avoid losing their homes.  Click here to read more from the Associated Press.

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Fredericksburg VA Real Estate Agent

0 commentsBethany Phillips, MBA • February 15 2009 03:01PM

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