Seasons Greetings - Struggling Homeowners
Fannie Mae, Freddie Mac and several large mortgage lenders are pledging not to foreclose on delinquent borrowers during the holiday season.
For homeowners with loans through Fannie Mae and Freddie Mac, the moratorium will run from Dec. 19 to Jan. 2. During this time, legal and administrative proceedings for evictions may continue, but families will be allowed to stay in their home.