FHFA Extends Foreclosure and Eviction Moratoria – Forbearance Extensions as Well

FHFA.gov

On February 25, 2021 FHFA (Federal Housing Finance Agency) announce it was extending COVID-19 eviction and foreclosure moratoria. In addition, there are changes to the forbearance period.

The Freddie Mac and Fannie Mae foreclosure eviction moratorium are extended to June 30, 2021. Borrowers who have a mortgage backed by Fannie Mae or Freddie Mac may also be eligible to extend their forbearance plan an additional 3 months if their COVID-19 plan is in effect by February 28, 2021.

Tenants living in rental property backed by Fannie Mae or Freddie Mac may wish to see their resources at the FHFA website.