As predicted the larger Banks are putting a hold on foreclosures during the holiday season. Fannie Mae and Freddie Mac the 2 Government controlled mortgage companies are freezing foreclosure evictions for mortgages they own or back from Dec 20th through Jan 3rd.
This news gives more time for distressed owners in Buford Ga real estate and Nationally to get help to save their homes or to sell them.
I haven't heard if the other Banks are jumping on the sleigh as of yet, but I'm feeling better about Christmas this year for everyone in need.
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