Foreclosure and eviction moratorium
Mortgage Lenders Now Providing Payment Relief Due to Coronavirus
CARES Act permits 6-12 month forbearance for mortgage payments on federally-backed home loans HUD has announced a foreclosure and eviction moratorium for single family homeowners with FHA-insured mortgages for the next 60 days Fannie Mae has suspended foreclosure sales and borrower evictions until at least December 31st, 2020 Freddie Mac has announced the suspension of [&hellip
The post Mortgage Lenders Now Providing Payment Relief Due to Coronavirus first appeared on The Truth About Mortgage.
FHFA extends forbearance period to 18 months
In an effort to protect homeowners, the FHFA extended forbearance coverage to 18 months and pushed the eviction and foreclosure moratorium to June 30.
The post FHFA extends forbearance period to 18 months appeared first on HousingWire.