As the COVID-19 pandemic continues to keep the U.S. unemployment rate high, Freddie Mac (OTCQB:FMCC) and Fannie Mae (OTCQB:FNMA -0.2%) both extend their temporary halt on foreclosures and evictions until the end of the year.
The moratorium had been set to expire at the end of August.
Applies to all properties with single-family mortgages backed by Fannie or Freddie.
The suspension of evictions applies only to homes owned by Fannie and Freddie and does not apply to tenants in homes that have not been foreclosed.
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