FHFA Extends Protection for Homeowners Amidst COVID-19 Pandemic
Homeowners impacted by the coronavirus pandemic can continue to breathe more easily, at least through the spring, thanks to the Federal Housing Finance Agency (FHFA). The agency announced February 9 that it would extend foreclose and real estate owned (REO) eviction moratoriums, as well as the COVID-19 forbearance period. The current moratorium, which was set to expire on February 28, 2021, has now been extended to March 31. FHFA Director Mark Calabria stated: “To keep families in