Freddie Mac suspends occupied home foreclosures

Freddie Mac announced today that it has told all of its
mortgage servicers and foreclosure attorneys to suspend foreclosure
sales and
evictions for occupied single-family and two- to four-unit properties
between
today and January 9. The suspension is intended to give mortgage
servicers time to implement a more streamlined loan modification
program and to help
borrowers avoid foreclosure. The suspension of foreclosure sales does
not apply
to vacant single family homes, but the eviction suspension does.