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  • December 2010
    M T W T F S S
    « Nov   Jan »
  • Mary K. Lenahan, J.D., Realtor

Freddie Mac Helps Service Members: Delays Foreclosure 9 Months

According to California Association of Realtors, Freddie Mac will require its servicers to delay initiating foreclosure for at least nine months for  service members released from active duty and suffering financial difficulties in 2011. 

Time will tell whether this delay policy is more effective than other purported programs designed to “help” financially troubled homeowners. 

Mary K. Lenahan, Realtor
The Professional Difference
(626) 629.8709
Your Business & Referrals Are Appreciated!
DRE 01867737

One Response

  1. Other Protections for Active Duty Military
    Congress members want investigations into violations of the law which prohibits banks from charging more than 6% interest on the debts of active-duty service members and from foreclosing on their homes.


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