AgentsPost.com

Eviction and foreclosure moratorium extended on federally-backed mortgages

Temporary relief is in sight for homeowners with single-family federally backed mortgages.
Temporary relief is in sight for homeowners with single-family federally backed mortgages. The Federal Housing Finance Agency (FHFA) announced another extension of their foreclosure moratorium, this time through January 31, 2021.
This marks the fourth time government agencies have announced an extension to California’s foreclosure moratorium. The previous extension ended on December 31, 2020.
The moratorium specifically applies to those with mortgages insured by the Federal Housing Administration (FHA), Fannie Mae and Freddie Mac. It also extends the eviction moratorium for residents of real estate owned (REO) properties.
READ THE FULL STORY AT Journal.Firsttuesday.us

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