Biden extends foreclosure moratorium and mortgage forbearance through June

The eviction moratorium will remain in force until March, but was not included in the measures announced on Tuesday.

The Departments of Housing and Urban Development, Veterans Affairs and Agriculture will work together to take the action, according to the White House announcement. Resources for homeowners are consolidated on the Consumer Financial Protection Bureau website.

The White House announcement also urged the swift adoption of Biden’s $ 1.9 trillion aid package, Covid-19. The bill would give states $ 10 billion to help homeowners with mortgage and utility bills. The Biden government announced Tuesday that 2.7 million homeowners are participating in the Covid-19 Mortgage Forbearance Program, which provides an additional 11 million government-supported mortgages.

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