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Foreclosure

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GSEs Extend Eviction Suspension; Freddie Launches Rental Option 

Jan 30, 2009By

Merry Christmas, Happy New Year, and now Happy Valentine’s Day from your friends at the GSEs. Freddie Mac [stock FRE][/stock] and Fannie Mae [stock FNM][/stock] announced Friday morning they are extending the suspensions of evictions triggered by foreclosures through the end of February. The suspension will apply to all single family properties with Fannie or Freddie-owned mortgages that have been foreclosed upon.

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