No Gravatar

foreclosure

According to a report by the California Association of Realtors (CAR) both Fannie Mae and Freddie Mac will delay foreclosure evictions in Ventura County and the rest of the country between December 19, 2009-January 3, 2010 .  The purpose behind the temporary eviction halt by the two lending institutes is to assist struggling families during the holiday season.

Ventura County homes occupied by their owners and tenant occupied homes in foreclosure by Fannie Mae and Freddie Mac will not be disturbed during the time frame stated above.

While some may cynically view this as a Public Relations campaign or Political posturing by these two mortgage giants, for the families that it will benefit, it is a small Christmas miracle. Everybody can appreciate some relief at the end of this very tough year.





Share and Enjoy:
  • Facebook
  • Twitter
  • Posterous
  • FriendFeed
  • LinkedIn
  • del.icio.us
  • Technorati
  • Reddit
  • MySpace
  • Digg
  • StumbleUpon
  • Google Bookmarks
  • RSS
  • Print
  • email