Eviction Moratoriums Force Landlords To Liquidate Properties

Eviction Moratoriums Are Forcing Landlords To Liquidate Properties Due To Tenants Not Paying Rent Contrary to what Bernie Sanders loving socialists want to believe, the eviction moratoriums are hurting landlords. Namely, small investors who rely on rental income to feed their families. If tenants don’t pay, landlords can’t maintain the properties and worse, can’t put […]

Federal Foreclosure Moratorium Extended For Final Time

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, […]

The Biden American Rescue Plan: What It Means For Housing

The Biden American Rescue Plan Gives Approximately $10 Billion To Struggling Homeowners President Joe Biden signed the Biden American Rescue Plan Thursday. The plan frees up $1.9 trillion to help invigorating the economy following the COVID-19 pandemic. The bill authorizes sending $1,400 direct payments to individuals making up to $75,000 annually. The package also allocates $350 […]

FHFA Foreclosure Moratoriums Extended Until January 31st

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 […]

Mortgage Industry Says Foreclosures Will Skyrocket In August

Mortgage Industry Warns Foreclosures Will Skyrocket In August If COVID-19 Relief Is Stopped  The mortgage industry has been sounding the alarm bells in Washington for several months about extending COVID-19 relief. Now, the Federal Reserve Bank of Atlanta has also joined the orchestra of alarm bells. The industry is warning that this time the flood […]

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