01 Feb Freddie Mac: FHLMC Guide Bulletin 2021-3: Moratorium Extension
January 20, 2021
Source: Freddie Mac
EXTENSION OF THE COVID-19 FORECLOSURE MORATORIUM
We are extending the foreclosure moratorium announced in Guide Bulletins 2020-4, 2020-10, 2020-16, 2020-25, 2020-34 and 2020-46. Servicers must suspend all foreclosure actions, including foreclosure sales, through February 28, 2021. This includes initiation of any judicial or non-judicial foreclosure process, move for foreclosure judgment or order of sale. This foreclosure suspension does not apply to Mortgages on properties that have been determined to be vacant or abandoned.
We encourage Servicers to review the following COVID-19 resources:
The Guide will not be updated at this time to reflect these changes.
If you have any questions about the changes announced in this Bulletin, please contact your Freddie Mac representative or call the Customer Support Contact Center at 800-FREDDIE.
Vice President, Servicing Portfolio Management