Fannie, Freddie place evictions on hold for the holidays - chicagotribune.com:
WASHINGTON (Reuters) - Fannie Mae and Freddie Mac said on Monday they would provide a break for borrowers facing foreclosure to ensure those having problems making monthly mortgage payments will remain in their homes during the holidays.
Fannie Mae said its eviction moratorium would apply to single-family homes and two- to four-unit properties from December 19 through January 2, 2013. Freddie Mac said it would offer the suspension from December 17 through January 2, 2013.
An even bigger Christmas present would be to write down the principal on the loans that are more than x% underwater