Biden Extends Federal Foreclosure Moratorium For Final Time. No More Extensions After August 1st. The Biden administration has extended the federal foreclosure moratorium for another 30 days. The administration also stated that no further extensions would be give after August 1, 2021. The White House said the moratorium extension includes loans underwritten by the USDA, […]
FHFA Foreclosure Moratoriums Extended Until January 31st For All Fannie Mae And Freddie Mac Loans The Federal Housing Finance Agency announced today that FHFA foreclosure moratoriums initiated in April are being extended until Jan. 31. This marks the fourth time FHFA has extended the moratorium. It extends the latest extension deadline of December 31st. FHFA director […]
COVID-19 Foreclosure Filings Are Rising Rapidly Across The United States Despite Federal Moratorium COVID-19 Foreclosure filings climbed 20% in October since September. The COVID-19 pandemic remains the biggest threat to homeownership since the 2008 financial crisis. The ATTOM Data Solutions reports state foreclosure filings included default notices, scheduled auctions, or bank repossessions. Rick Sharga, executive […]
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