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Suspension of Foreclosure Sales, Evictions Extended Until Jan 31Freddie Mac is extending its suspension of all foreclosure sales and evictions involving occupied single family and 2-4 unit properties with Freddie Mac-owned mortgages through January 31, 2009. The suspension does not apply to vacant single family properties. The temporary halt gives servicers time to implement the Streamlined Modification Program and help put more families on the path to stable homeownership. New Members Named to Freddie Mac's BoardThe Federal Housing Finance Agency, as Conservator of Freddie Mac, has appointed 10 directors to Freddie Mac's board, bringing the total number of directors to 11. The company's board is headed by Non-Executive Chairman John A. Koskinen, who was appointed by the Conservator in September 2008. News Releases |
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