Biden Administration Announces Extension of Foreclosure Moratoriums and Forbearance Options
By EsqSocial Corporation 26/02/21
In the wake of the early months of COVID-19, the Federal Housing Finance Agency (FHFA) and the U.S. Department of Housing and Urban Development (HUD) instituted a foreclosure and eviction moratorium on Fannie Mae and Freddie Mac single-family foreclosures and real estate owned evictions. Additionally, the FHFA offered COVID-related forbearances in order to defer mortgage payments. After multiple extensions, these COVID-relief options were set to expire in March of 2021....
By: Nelson Mullins Riley & Scarborough LLP