Here’s how homeowners and renters are protected under the CARES Act: - Foreclosures on any federally backed mortgages are prohibited for 60-days.
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- Borrowers affected by COVID-19 are allowed to shift any missed payments to the end of their mortgage, with no added penalties or interest, for 180 days. - Evictions for renters in properties with federally backed mortgages are halted for 120 days. …https://republicans-financialservices.house.gov/issues/covid-19-consumer-resources.htm …
