The Federal Housing Finance Agency extended its moratorium on foreclosures and evictions for borrowers with mortgages backed by Fannie Mae and Freddie Mac until Jan. 31.
This marks the fourth time the government agency has extended the moratorium, now another month past its most recent deadline of Dec. 31. According to FHFA director Mark Calabria, extending Fannie Mae and Freddie Mac’s foreclosure and eviction moratoriums through January 2021 keeps borrowers safe during the pandemic
“This extension gives peace of mind to the more than 28 million homeowners with an Enterprise-backed mortgage,” said Calabria.
Fannie and Freddie’s foreclosure moratorium applies to enterprise-backed, single-family mortgages only. However, details ⇒
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