Feb 16, 2009By Diana Golobay
The government-sponsored entities Fannie Mae [stock FNM][/stock] and Freddie Mac [stock FRE][/stock] both announced late Friday they had extended the foreclosure and eviction suspension already in place through March 6. The moratoriums in place at the GSEs were first announced in November to allow time for the streamlined modification program to go into effect in mid-December. Then the GSEs extended the moratorium in early January and Fannie introduced an REO rental policy for tenants living in foreclosed properties. Then on Jan.
