Fannie won’t evict tenants

Mortgage company Fannie Mae will allow tenants to remain in their homes and avoid eviction should the building’s landlord go into foreclosure, according to a report Sunday by the Wall Street Journal.

Fannie Mae, a government-controlled mortgage finance company, previously had said it would not evict tenants during the year-end holiday season.

Despite that pledge, it came under pressure from a legal-aid group that threatened to sue over recent evictions in Connecticut, the newspaper said.

Fannie Mae plans to sign new leases with renters living in foreclosed properties owned by the company.

It also would ensure that its holiday moratorium on new evictions was being followed until the new policy becomes effective in January.

Fannie Mae could not be immediately reached for comment.