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FHFA Extends Mortgage Forbearance Length, Eviction Moratoriums

Aly Yale, The Motley Fool
·3-min read

The Federal Housing Finance Agency (FHFA) has once again extended its COVID-19-related relief efforts. This time, the changes come twofold: First, by drawing out mortgage forbearance options by at least three months, and second, by pushing back the foreclosure moratorium on GSE-backed properties through March 31. For many property owners, the updates will come as a welcome surprise -- especially those who are struggling to pay their mortgage or dealing with nonpaying tenants in their rental property.

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