SLG Client Alert: GSE (FNMA/FHLMC) Foreclosure Moratorium Extended through March 31, 2021

Subject: GSE (FNMA/FHLMC) Foreclosure Moratorium Extended through March 31, 2021

The subject line above says it all. It should be kept in mind that the moratorium is for “federally backed” mortgages. Note: Exception for mortgage loans secured by properties that have been determined to be vacant or abandoned (See e.g. FNMA Servicing guide, Section E-1).

Please call or email if you have questions.

Spencer Scheer