Updates on Giant Mortgage Losers Fannie & Freddie

These entities, which own or back a huge number of American mortgages, announced they will suspend all Foreclosures for single-family properties from Nov. 26 to Jan. 9.Can the FDIC and big banks be far behind?The cynics and responsible homeowners among us are of course disgusted about mortgage mods already.Additionally, we wonder if this is just a device to get more consumers to spend their money