I’m worried that my bank will start a foreclosure sale or eviction from my property because I can’t make my payments. What do I do?
As of March 18, 2020, and to help borrowers who are at risk of losing their homes, the Federal Housing Finance Agency (FHFA) has told Fannie Mae and Freddie Mac to put a hold on foreclosures and foreclosure-related evictions for at least 60 days due to the coronavirus national emergency.
This hold applies to homeowners with single-family mortgages backed by either Fannie Mae or Freddie Mac.
A similar hold on foreclosures and foreclosure-related evictions is in place for FHA-insured loans. Because of this, the Connecticut courts have extended the dates of all foreclosure sales and the running of law days (the date when you must leave your house) to early June.