{"id":4755,"date":"2021-02-16T12:07:06","date_gmt":"2021-02-16T18:07:06","guid":{"rendered":"https:\/\/nwfl4sale.com\/foreclosure-ban-extended-to-june-eviction-ban-unchanged\/"},"modified":"2021-02-16T12:07:06","modified_gmt":"2021-02-16T18:07:06","slug":"foreclosure-ban-extended-to-june-eviction-ban-unchanged","status":"publish","type":"post","link":"https:\/\/nwfl4sale.com\/foreclosure-ban-extended-to-june-eviction-ban-unchanged\/","title":{"rendered":"Foreclosure Ban Extended to June \u2013 Eviction Ban Unchanged"},"content":{"rendered":"

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Pres. Biden signed an Executive Order extending forbearances and banning foreclosures until June 30. However, he did not make changes to the eviction ban ending March 31.<\/span><\/span><\/p>\n<\/div>\n

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WASHINGTON (AP) \u2013 President Joe Biden is extending a ban on housing foreclosures to June 30 to help homeowners struggling during the coronavirus pandemic.<\/span><\/span><\/p>\n

The moratorium on foreclosures of federally guaranteed mortgages had been set to expire on March 31. On his first day in office, Biden had extended the moratorium from Jan. 31. Census Bureau figures show that almost 12% of homeowners with mortgages were late on their payments.<\/span><\/span><\/p>\n

The White House says coordinated actions announced Tuesday by the Departments of Housing and Urban Development, Veterans Affairs and Agriculture also will extend to June 30 the enrollment window for borrowers who want to request mortgage payment forbearance \u2013 a pause or reduction in payments \u2013 and will provide up to six additional months of forbearance for borrowers who entered forbearance on or before June 30 of last year.<\/span><\/span><\/p>\n

The White House says more than 10 million homeowners are behind on mortgage payments and Biden\u2019s actions are to help keep people in their homes amid \u201ca housing affordability crisis\u201d triggered by the pandemic. It says \u201chomeowners will receive urgently needed relief as we face this unprecedented national emergency.\u201d<\/span><\/span><\/p>\n

Biden\u2019s administration says extending forbearance policies \u201cwill provide critical support to homeowners of color, who make up a disproportionate share of borrowers\u201d having trouble paying their loans because of hardships related to the pandemic.<\/span><\/span><\/p>\n

The actions announced Tuesday don\u2019t address a federal moratorium through March 31 on evictions of tenants who\u2019ve fallen behind on rent.<\/span><\/span><\/p>\n

Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.<\/span><\/span><\/p>\n<\/div><\/div>\n

Go to Source<\/a>
\nAuthor: kerrys<\/p>\n","protected":false},"excerpt":{"rendered":"

Pres. Biden signed an Executive Order extending forbearances and banning foreclosures until June 30. However, he did not make changes to the eviction ban ending March 31. WASHINGTON (AP) \u2013 President Joe Biden is extending a ban on housing foreclosures to June 30 to help homeowners struggling during the coronavirus pandemic. The moratorium on foreclosures of federally guaranteed mortgages had been set to expire on March 31. On his first day in office, Biden had extended the moratorium from Jan. 31. Census Bureau figures show that almost 12% of homeowners with mortgages were late on their payments. The White House says coordinated actions announced Tuesday by the Departments of Housing and Urban Development, Veterans Affairs and Agriculture also will extend to June 30 the enrollment window for borrowers who want to request mortgage payment forbearance \u2013 a pause or reduction in payments \u2013 and will provide up to six additional months of forbearance for borrowers who entered forbearance on or before June 30 of last year. The White House says more than 10 million homeowners are behind on mortgage payments and Biden\u2019s actions are to help keep people in their homes amid \u201ca housing affordability crisis\u201d triggered by the pandemic. It says \u201chomeowners will receive urgently needed relief as we face this unprecedented national emergency.\u201d Biden\u2019s administration says extending forbearance policies \u201cwill provide critical support to homeowners of color, who make up a disproportionate share of borrowers\u201d having trouble paying their loans because of hardships related to the pandemic. The actions announced Tuesday don\u2019t address a federal moratorium through March 31 on evictions of tenants who\u2019ve fallen behind on rent. Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Go to Source Author: kerrys<\/p>\n","protected":false},"author":4,"featured_media":4694,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/nwfl4sale.com\/wp-json\/wp\/v2\/posts\/4755"}],"collection":[{"href":"https:\/\/nwfl4sale.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nwfl4sale.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nwfl4sale.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/nwfl4sale.com\/wp-json\/wp\/v2\/comments?post=4755"}],"version-history":[{"count":0,"href":"https:\/\/nwfl4sale.com\/wp-json\/wp\/v2\/posts\/4755\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nwfl4sale.com\/wp-json\/wp\/v2\/media\/4694"}],"wp:attachment":[{"href":"https:\/\/nwfl4sale.com\/wp-json\/wp\/v2\/media?parent=4755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nwfl4sale.com\/wp-json\/wp\/v2\/categories?post=4755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nwfl4sale.com\/wp-json\/wp\/v2\/tags?post=4755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}