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Freddie Mac Suspends Evictions Through January 3, 2010

McLean, VA – Freddie Mac (NYSE: FRE) today announced it has ordered its eviction attorneys to suspend all evictions involving foreclosed occupied single family and 2-4 unit properties that had Freddie Mac-owned mortgages between December 19, 2009 and January 3, 2010. 

“If the property is occupied, our attorneys will halt the eviction during this holiday moratorium,” said Freddie Mac CEO Ed Haldeman. “In these extraordinary times, we want to provide a greater measure of certainty to these families during the holidays.”

Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Over the years, Freddie Mac has made home possible for one in six homebuyers and more than five million renters.

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