Headline Roundup • February 16th, 2021
Biden Extends Pandemic Mortgage Relief Program
Summary from the AllSides News Team
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Politico
The Biden administration announced Tuesday that it would extend the foreclosure moratorium and mortgage forbearance through the end of June.
The actions would block home foreclosures and offer delayed mortgage payments until July, as well as offer six months of additional mortgage forbearance for those who enroll on or before June 30.
The actions are an extension of an order that was originally enacted under the Trump administration in March of last year. President Joe Biden — as one of 17 orders he signed on his first day in office...
The Hill
The White House on Monday announced a program to extend mortgage relief and a moratorium on home foreclosures through June as thousands of Americans continue to struggle to keep up with payments during the coronavirus pandemic.
"The COVID-19 pandemic has triggered a housing affordability crisis," the White House said in a statement. "Now, homeowners will receive urgently needed relief as we face this unprecedented national emergency. Today’s action builds on steps the President took on Day One to extend foreclosure moratoriums for federally guaranteed mortgages."
The joint effort between the...
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Washington Examiner
The Biden administration announced on Tuesday that the COVID-19 mortgage forbearance and foreclosure protection program will extend through June 2021.
The measure will extend the foreclosure moratorium for homeowners and extend the mortgage payment forbearance enrollment date for borrowers until June 30.
"As millions of Americans face continued hardship from the COVID-19 pandemic, President Biden is continuing to take action to help keep individuals and families in their homes. The COVID-19 pandemic has triggered a housing affordability crisis. Today, 1 in 5 renters is behind on rent and just over...
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