WASHINGTON (Reuters) – A U.S. housing finance regulator announced Thursday that it was extending a moratorium on foreclosures and evictions on mortgages backed by housing giants Fannie Mae and Freddie Mac until at least June 30.
The original moratorium, which applies to roughly 44% of all single-family mortgages, was set to expire on May 17. The Federal Housing Finance Agency said the extension would help protect families during the coronavirus pandemic.
(Reporting by Pete Schroeder, Editing by Franklin Paul)
