Fannie Mae Holds 21st Annual Help the Homeless Walkathon

November 22, thousands of people from the D.C. metropolitan area came together on the National Mall for the 21st annual Help the Homeless Walkathon. The Help the Homeless Program provides assistance to 165 organizations that work to prevent and end homelessness. The program also seeks to educate people about the issues facing homeless people. “We are facing one of the most serious housing and economic crises in our lifetime. In trying economic... 

Fannie Mae to Suspend Foreclosures Until January 2009 While Streamlined Modification Program is Implemented

In order to support the streamlined modification program announced on November 11, 2008, Fannie Mae (NYSE: FNM) issued a notice to its loan servicing organizations and retained foreclosure attorneys directing them to suspend foreclosure sales on occupied single-family properties as well as the completion of evictions from occupied single-family properties scheduled to occur from November 26, 2008 until January 9, 2009. The temporary suspension of...