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.
Most Popular... This Week • Last 30 Days • Ever
If you make your way through downtown Bethesda, it seems like there is a new project ... read »
A year ago, UrbanTurf reported on plans for a grocery store that was looking to open ... read »
With news this week that the Lerner family will not be selling DC's baseball team, it... read »
Today, UrbanTurf is taking a look around DC to see where home sellers are reducing pr... read »
The late senator's Spring Valley home has hit the market, and new photos offer a look... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
Intro guides for first-time home buyers
Awesome and unusual real estate from across the DC Metro