Freddie To Cut Down On Foreclosure Evictions; Will Allow Qualified Occupants To Temporarily Stay, Rent Homes Post-Foreclosure; Extends Eviction Freeze

USA Today reports:

• Freddie Mac on Friday plans to announce a first-of-a-kind plan that lets homeowners and tenants temporarily stay in homes in foreclosure by renting them back, an effort to stop many of the sudden evictions that have come along with the housing crisis. The program will let thousands of qualified former homeowners, as well as families renting from landlords, enter into a monthly lease on their homes after they have been acquired by Freddie Mac through foreclosure.

For more, see Freddie Mac to let residents rent homes after foreclosure.

See also: Freddie Mac press release: Freddie Mac Extends Eviction Suspension Until March, Launches Rental Option for Foreclosed Borrowers, Tenants.