Fannie Mae, Freddie Mac suspend foreclosures
Posted: Dec 4, 2012 10:07 AM EDT | Updated: Nov 6, 2014 3:26 PM EDT
Mortgage giants Fannie Mae and Freddie Mac are giving the gift of relief to homeowners facing foreclosures this Christmas.
They've decided to halt bank repossessions starting in mid-December. Evictions will resume Jan. 2.
Bank of America will also put a halt on foreclosure evictions for loans during the holidays.