Medford, MA Homes for Sale – Deb on the Web » Freddie Mac http://www.debontheweb.com Selling or buying real estate. Podcasts, blog posts and videos of properties for sale and what to expect in the market. Specializing in Medford, Somerville, Arlington, Malden, Winchester, Melrose, Stoneham and Cambridge, MA Sat, 04 Feb 2012 14:42:46 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 2008 debra@debontheweb.com (DebOnTheWeb (AKA Deb Agliano)) debra@debontheweb.com (DebOnTheWeb (AKA Deb Agliano)) Real Estate http://www.debontheweb.com/wp-content/plugins/podpress/images/powered_by_podpress.jpgMedford, MA Homes for Sale – Deb on the Webhttp://www.debontheweb.com 144 144 Information about what's happening in the Greater Medford, MA Real Estate Market from DebOnTheWeb The Greater Medford, MA Real Estate Market Real Estate, Houses, Property, Selling, Buying, Homes for sale Medford, Malden, Somerville, Arlington, Cambridge, Stoneham, Melrose MA, Condos for sale DebOnTheWeb (AKA Deb Agliano) DebOnTheWeb (AKA Deb Agliano) debra@debontheweb.com no no Happy Holidays From Fannie & Freddie Machttp://www.debontheweb.com/happy-holidays-from-fannie-freddie-mac/ http://www.debontheweb.com/happy-holidays-from-fannie-freddie-mac/#comments Mon, 24 Nov 2008 13:45:03 +0000 DebOnTheWeb http://www.debontheweb.com/happy-holidays-from-fannie-freddie-mac Just in time for Thanksgiving, Fannie and Freddie Mac have announced a temporary suspension to home foreclosures scheduled to take place November 26th until January 9th 2009. Not all homes made the list, though. In order to qualify for the foreclosure suspension, the property needs to be a single family home or 2-4 unit home. However, if the property is a vacant single family, the foreclosure process will not be suspended.

Freddie Mac estimates that there are about 6,000 homeowners who will have more to be thankful for on Thursday. Not only is this good PR, but the temporary suspension is also meant to give loan servicers a chance to implement a streamlined loan modification program.

As know I’ve said this before, but if you are having trouble making your mortgage payments, contact your bank immediately. Even if you’ve tried in the past but didn’t get anywhere, these new programs mean the banks are more willing to listen.

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