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Lenders Suspend Foreclsures During Holidays

6:06 PM, Dec 4, 2012   |    comments
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WASHINGTON, DC (WUSA) -- Mortgage lenders are giving homeowners facing foreclosure an early gift for the holidays.

Freddie Mac and Fannie Mae will suspend bank repossessions starting December 17th and will pick evictions back up on January 2, 2013.

Bank of America says it will do the same.

JP Morgan Chase, Wells Fargo and Citibank have not said whether they will allow people to say in their homes for the holidays.

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