Fannie Mae's and Freddie Mac's Gift for Christmas - Suspend Foreclosure Sales »

Posted By altnrg 1 year, 1 month ago in News

For sale signs are posted in front of homes for sale April 29, 2008 in Stockton, California. As the nation continues to see widespread home loan foreclosures, Stockton, California led the nation with the highest foreclosure rate. One out of every 30 homes in Stockton is in foreclosure, close to seven times the national average for a metro area in the U.S. (Photo by Justin Sullivan/Getty Images)

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Fannie Mae and Freddie Mac give an early Christmas gift to troubled homeowners by suspending sales of foreclosures for the holidays.

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