FHFA Extension of Foreclosure, REO Eviction Moratoriums and COVID-19 Forbearance Period
On February 9, 2021, the Federal Housing Finance Agency issued this press release announcing Fannie Mae and Freddie Mac are extending the moratoriums on single-family foreclosures and real estate owned evictions until March 31, 2021. The press release also announces that borrowers who have a mortgage backed by Fannie Mae or Freddie Mac and who are on a COVID-19 forbearance plan as of February 28 may be eligible for an additional forbearance extension of up to three months.
