The Federal Housing Finance Agency (FHFA) and the Department of Housing and Urban Development have announced a joint moratorium on foreclosures and evictions for at least 60 days because of coronavirus concerns.
The FHFA’s foreclosure and eviction suspension applies to homeowners with a government-sponsored enterprise (GSE)-backed, single-family mortgage.
Read on for more from Federal Housing Commissioner Brian Montgomery, FHFA Director Mark Calabria and Consumer Financial Protection Bureau Director Kathy Kraninger.
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