a pause) on mortgage payments and protection from foreclosure if they have a federally backed mortgage loan. These include loans backed by Fannie Mae, Freddie Mac, the Federal Housing Administration, the Veterans’ Administration or the U.S. Department of Agriculture. Most, but not all, first mortgage loans since 2010 are federally backed mortgage loans: Check with your loan provider to see if you are eligible. Residential real estate investors, like landlords, are eligible if they have a federally backed mortgage loan and if their building has four or fewer apartments. Pause on evictionsLandlords of a one- to four- unit residential building who have federally backed mortgage loans are prohibited from filing eviction lawsuits until July 15.

Source: The Herald May 16, 2020 05:03 UTC