{"id":18184,"date":"2020-12-08T13:20:26","date_gmt":"2020-12-08T13:20:26","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=18184"},"modified":"2020-12-08T13:20:26","modified_gmt":"2020-12-08T13:20:26","slug":"fhfa-extends-foreclosure-to-jan-31","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/fhfa-extends-foreclosure-to-jan-31\/","title":{"rendered":"FHFA Extends Foreclosure, to Jan. 31"},"content":{"rendered":"

FHFA Extends Foreclosure, to Jan. 31<\/p>\n

The Federal Housing Finance Agency has extended its foreclosure and real estate owned eviction moratoriums for borrowers with Fannie Mae or Freddie Mac-backed mortgages until at least Jan. 31, 2021. The protections were put in place due to the COVID-19 pandemic.<\/p>\n

This is the fourth time that the FHFA has extended protections to homeowners. The previous moratoriums were going to expire on Dec. 31.<\/p>\n

\u201cExtending Fannie Mae and Freddie Mac\u2019s foreclosure and eviction moratoriums through January 2021 keeps borrowers safe during the pandemic,\u201d Mark Calabria, FHFA\u2019s director, said in a statement. \u201cThis extension gives peace of mind to more than 28 million homeowners with an enterprise-backed mortgage.\u201d<\/p>\n

The foreclosure moratorium applies only to Fannie Mae or Freddie Mac-backed single-family mortgages. The REO eviction moratorium applies to properties that have been acquired by Fannie Mae or Freddie Mac through foreclosure or deed-in-lieu of foreclosure transactions.<\/p>\n

The FHFA urges any homeowners struggling with mortgage payments to review options with their lender. Homeowners could be eligible for a forbearance plan to reduce or suspend their mortgage payments for up to 12 months. Also, lenders have teamed up with the Consumer Financial Protection Bureau and others to create materials for borrowers who are struggling with their mortgage<\/a>.<\/p>\n

View this video featuring\u00a0Megan Booth, NAR’s director of Federal Housing and Policy,\u00a0sharing the association’s stance on the eviction moratorium<\/a>.<\/p>\n

\n
\n
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Source:<\/div>\n
\n
FHFA.gov<\/a><\/div>\n
\u00a9National Association of REALTORS\u00ae
\nReprinted with permission<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

FHFA Extends Foreclosure, to Jan. 31 The Federal Housing Finance Agency has extended its foreclosure and real estate owned eviction moratoriums for borrowers with Fannie Mae or Freddie Mac-backed mortgages until at least Jan. 31, 2021. The protections were put in place due to the COVID-19 pandemic. This is the fourth time that the FHFA … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-18184","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nFHFA Extends Foreclosure, to Jan. 31 - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/fhfa-extends-foreclosure-to-jan-31\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/fhfa-extends-foreclosure-to-jan-31\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/fhfa-extends-foreclosure-to-jan-31\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"FHFA Extends Foreclosure, to Jan. 31\",\"datePublished\":\"2020-12-08T13:20:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/fhfa-extends-foreclosure-to-jan-31\\\/\"},\"wordCount\":242,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/fhfa-extends-foreclosure-to-jan-31\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/fhfa-extends-foreclosure-to-jan-31\\\/\",\"name\":\"FHFA Extends Foreclosure, to Jan. 31 - 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