Real Estate - Country Torn on whether RE is an Essential Service

 

 

Many lenders suspending lending activity & others are altering programs - namely, FHA Lending is shrinking

 

 

 

CARE Bill - Mortgage forbearance and foreclosure protections

During this designated disaster period — which began on March 13 — a borrower with a federally backed loan can request forbearance through the loan servicer. A federally-backed loan means that it’s either guaranteed or insured by the Federal Housing Administration, Department of Veterans, Department of Agriculture or purchased or securitized by Fannie Mae or Freddie Mac.

ICLV 2020

 

CARE Bill - Paycheck Protection Program