NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall St Sense

Editor's Note: This article was written by Richard Suttmeier chief market strategist at ValuEngine.com which is a fundamentally-based quant research firm in Princeton New Jersey that covers more than 5 000 stocks every day.Fannie Mae (FNM) and Freddie Mac (FRE) Give Struggling Homeowners a Break -- Home for the HolidaysIf you have a Fannie Mae or Freddie Mac backed home mortgage and face foreclosure or eviction you can stay home for the holidays at least through January 3 2010. If you have a Citigroup (C) mortgage and are in default you will get a 30-day suspension from foreclosure and ...

Fannie Mae, Freddie Mac and major mortgage lender Citigroup have all announced that they will suspend evictions during the holidays.

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Fannie, Freddie Halt Holiday Foreclosures

30-year Fixed-rate Mortgage Average Stays Below 5%

Freddie Mac (FRE) said on Thursday that it has ordered the suspension of all evictions involving occupied single family and 2-4 unit properties that have been foreclosed and had Freddie Mac-owned mortgages for about two weeks during the holiday season. The period of suspension will be from Dec 19, 2009 to Jan 3, 2010. Freddie did [...]

(FRE) Freddie Mac Suspends Evictions

Freddie Mac (FRE) said on Thursday that it has ordered the suspension of all evictions involving occupied single family and 2-4 unit properties that have been foreclosed and had Freddie Mac-owned mortgages for about two weeks during the holiday season. The period of suspension will be from Dec 19, 2009 to Jan ...

JPMorgan Chase & Company (JPM) said on Wednesday that it will substantially increase its nationwide network by adding 24 more Chase Homeownership Centers to help homeowners who are at risk of mortgage payments. The company intends to open the mortgage assistance centers in the next four months. That will take the total number of Chase mortgage [...]

(JPM) JPMorgan Chase & Company Adds More Mortgage Centers

JPMorgan Chase & Company (JPM) said on Wednesday that it will substantially increase its nationwide network by adding 24 more Chase Homeownership Centers to help homeowners who are at risk of mortgage payments.[More...]

The Fed just wrapped up its last FOMC meeting of the year, and as expected it did not change the fed funds rate. The policy statement was substantially the same as the one they released after the last meeting in early November. While the Fed Funds rate is not going up anytime soon, the Fed [...]

(FNM) No Rate Change at the Federal Reserve

Schaeffer's analyst Morgan Searcy takes a look at news on the Street before the market open.

Schaeffer's Equities Analyst Colleen S. King a look at news on the Street before the market open.

Schaeffer's analyst Colleen S. King takes a look at news on the Street before the market open.

Schaeffer's Andrea Kramer takes a look at unusual option activity on the Street

Colleen S. King takes a look at news on the Street before the market open.