FANNIE MAE ANNOUNCES EVICTION MORATORIUM FOR THE HOLIDAYS

     (The following press release from Fannie Mae was received by e-mail. The 
sender verified the statement.) 
Fannie Mae Announces Eviction Moratorium for the Holidays 
WASHINGTON, DC - Fannie Mae (FNMA/OTC) announced today that it will suspend 
evictions of foreclosed single family and 2-4 unit properties from December 19, 
2012 through January 2, 2013.  Legal and administrative proceedings for 
evictions may continue, but families living in foreclosed properties will be 
allowed to remain in the home during this period. 
"We're taking this step in support of families who have faced financial 
challenges and gone through a foreclosure," said Terry Edwards, Executive Vice 
President of Credit Portfolio Management, Fannie Mae. "The holidays are a 
chance to be with loved ones and we want to relieve some stress at this time of 
year.  We encourage homeowners having difficulty to reach out for help as soon 
as possible." 
Previously, Fannie Mae announced a temporary suspension of foreclosure sales 
and 
evictions<http://www.fanniemae.com/portal/about-us/media/corporate-news/2012/588
3.html> in areas designated for individual assistance by FEMA due to Hurricane 
Sandy.  That 90-day suspension will last through February 1, 2013. 
Homeowners can visit www.knowyouroptions.com<http://www.knowyouroptions.com/> 
for resources on how to prevent foreclosure, including contact information for 
Fannie Mae's 12 Mortgage Help Centers located across the country.  Homeowners 
can also contact Fannie Mae at 1-800-7FANNIE for more information. 
Resource Center:  1-800-732-6643
Contact: Andrew Wilson
202-752-5168 
(rml) NY
 
 
Press spacebar to pause and continue. Press esc to stop.