Fannie Mae Extends Eviction Suspension
March 7, 2009 by Stephen Kersey
Filed under Business
On Friday, Fannie Mae announced they are extending the suspension of all eviction proceeding through March 31, 2009. The company is implementing the Home Affordable Refinance and Home Affordable Modification initiatives as part of the Obama Administration’s Making Home Affordable program, thus causing the extension.
Home Foreclosure - Image: Flickr
Additionally, Fannie Mae has created special foreclosure sale requirement in response to the Making Home Affordable program.
At financialstability.gov, you can learn more about the Home Affordable Refinance and Home Affordable Modification options. On the website, you can use their self-assessment tools to find out if you are eligible for the initiatives.
Also on the government website, there are some great tips on avoiding foreclosure rescue scams. Unfortunately, there are some scams out there preying victim on the desperate.
