COLUMBIA, S.C. AP - South Carolina's highest court has temporarily stopped thousands of pending foreclosure sales so homeowners can take advantage of a new federal program to refinance mortgages.The state Supreme Court on Tuesday issued a restraining order preventing South Carolina judges from finalizing foreclosure sales on properties with mortgages backed by Fannie Mae or Freddie Mac.
May 05, 2009 at 12:00 AM
1 minute read
COLUMBIA, S.C. AP – South Carolina’s highest court has temporarily stopped thousands of pending foreclosure sales so homeowners can take advantage of a new federal program to refinance mortgages.
The state Supreme Court on Tuesday issued a restraining order preventing South Carolina judges from finalizing foreclosure sales on properties with mortgages backed by Fannie Mae or Freddie Mac.
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