Finance Agency Plan to Further Forestall Home Foreclosures Fails to Recognize Economic Realities
Nearly 13 months ago, Congress and the Trump administration agreed to a one-year ban on mortgages insured by U.S. agencies with a March 31, 2021 sunset.
- Nearly 13 months ago, Congress and the Trump administration agreed to a one-year ban on mortgages insured by U.S. agencies with a March 31, 2021 sunset.
- Certain evictions also were postponed as the Coronavirus-19 pandemic spread and millions of Americans lost their jobs.
- In February, the Biden administration through various agencies extended the foreclosure and eviction ban through June 30.
- What CFPP doesn't seem to grasp is that their proposal will not stop foreclosures," Kruse said.