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Freddie Mac Extends Suspension of Home Evictions Until April 1

By Romaine Bostick

March 5 (Bloomberg) -- Freddie Mac, the mortgage-finance company under federal control, is extending a freeze on evictions until April 1.

The moratorium, which was set to expire this week, is being extended so struggling homeowners can weigh their options under a new housing rescue plan that the Obama administration detailed yesterday, the McLean, Virginia-based company said in a statement today.

To contact the reporter on this story: Romaine Bostick in Washington at rbostick@bloomberg.net

Last Updated: March 5, 2009 10:06 EST

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