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Saturday, April 04, 2009

Fannie, Freddie Lift Foreclosure Moratorium

by Calculated Risk on 4/04/2009 01:52:00 PM

Something I should have mentioned earlier this week ...

From the Washington Independent: Fannie, Freddie Quietly Lift Moratorium on Foreclosures (ht many!)

A ban on foreclosure sales and evictions from houses owned by mortgage giants Fannie Mae and Freddie Mac ... is over.

Spokesmen for Fannie Mae and Freddie Mac confirmed the ban ended March 31 ...
This was just the scheduled end of the moratorium - and this will probably lead to an increase in foreclosures for April.