Freddie Mac and Fannie Mae are extending their foreclosure moratorium on single-family homes through the end of the year.
Originally set to expire at the end of the month, the moratorium will now run through December 31, 2020. The suspension of evictions applies only to homes owned by Freddie Mac and Fannie Mae and does not apply to tenants in homes that have not been foreclosed.
“To help keep borrowers in their homes during the pandemic, FHFA is extending the Enterprises' foreclosure and eviction moratoriums through the end of 2020," said Director Mark Calabria. “This protects more than 28 million homeowners with an Enterprise-backed mortgage."
This article originally published at https://dc.urbanturf.com/articles/blog/freddie-mac-fannie-mae-extend-eviction-moratorium-through-end-of-year/17249.
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