Trump Foreclosure Moratorium Does Not Apply To All Mortgages

The 60-Day Trump Foreclosure Moratorium Does Not Apply To All Mortgages. Non-GSE Loans And Non-FHA Loans Not Part Of The Moratorium

trump foreclosure moratorium
The 60-Day Trump Foreclosure Moratorium that President Trump announced Wednesday applies to most but not all mortgages. President Trump announced HUDis suspending all foreclosures and evictions for 60 days.
The HUD foreclosure and eviction moratoriums are for all single-family homeowners with FHA-insured mortgages.
That matches the policy announced Wednesday by FHFA regarding Fannie Mae and Freddie Mac mortgages. FHFA oversees Fannie Mae and Freddie Mac.
The FHFA moratorium includes foreclosures and evictions on all single-family mortgages backed by Fannie Mae or Freddie Mac.

Comments

Popular posts from this blog

Amateur Home Flippers Get Harsh Wake Up Call

Deutsche Bank Plans To Foreclose On Trump Real Estate

Is Mark Stopa Going To Prison? Inquiring Minds Want To Know!