No Foreclosures or Evictions on Federally Backed Mortgage Loans until 2021
Borrowers with federally backed mortgage loans facing financial difficulty can breathe a little easier today. All of the federal agencies regulating such loans have announced that they will extend the moratoriums on foreclosure and evictions for single-family properties until December 31, 2020. Federal Housing Finance Agency (FHFA) issued a press release[1] on August 27, 2020 regarding Fannie Mae and Freddie...
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