Biden Extends Foreclosure Moratorium Until June 30th

The Associated Press reports:

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 actions announced Tuesday don’t address a federal moratorium through March 31 on evictions of tenants who’ve fallen behind on rent.

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President Biden is extending a ban on housing foreclosures to June 30 to help homeowners struggling during the coronavirus pandemic. https://t.co/5AlIktMVRT

— CBS 13 News (@WGME) February 16, 2021