HUD, Fannie Mae, Freddie Mac To Stop Evictions And Foreclosures As U.S. Fights The Coronavirus

  • Date: 18-Mar-2020
  • Source: Forbes
  • Sector:Real Estate
  • Country:Egypt
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HUD, Fannie Mae, Freddie Mac To Stop Evictions And Foreclosures As U.S. Fights The Coronavirus

HUD, Fannie Mae, Freddie Mac To Stop Evictions And Foreclosures As U.S.. I write about luxury real estate and trends in the wider industry.. President Donald Trump declared the suspension of evictions and foreclosures on properties backed by the Department of Housing and Urban Development until the end of April.. The measure, announced during a Wednesday press conference, is part of the administration's efforts to stop the spread of the coronavirus and provide economic relief to Americans impacted by COVID-19.. "The Department of Housing and Urban Development is providing immediate relief to renters and homeowners by suspending all foreclosures and evictions until the end of April," Trump said.. I discovered my interest, which has now grown into a passion, for real estate during my first editorial job after college..