Deadlines for COVID-19 related relief for borrowers with Fannie Mae and
Freddie Mac (GSE) mortgages were extended by the Federal Housing Finance Agency
(FHFA) for the second time in a little over two weeks. The agency said the new
changes were made to bring GSE programs into alignment with the deadlines for
the similar FHA and the VA programs which the White House had extended last
week. The moratorium on foreclosures of GSE mortgages was changed from a March 31
expiration to June 30
as was the moratorium on evictions. The latter applies
only to GSE owned real estate (REO) that was foreclosed or taken through a
deed-in-lieu.

 

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