Tonight! Foreclosure and Eviction Moratoriums Ending June 30! 2PM PDT 6PM EDT

Thursdays LIVE! Click in to the WEST COAST Neil Garfield Show

with Attorney Charles Marshall

Or call in at (347) 850-1260, 3 pm Pacific Thursdays

The National Foreclosure Moratorium and associated forbearance enrollment applying to various Government-back loans (Fannie Mae, Freddie Mac, HUD/FHA, VA, USDA), is set to expire June 30, 2021. As of this date, a possible extension to let’s say September 30 does not appear to be on the horizon, though it may still happen.

The national eviction moratorium thru the Centers for Disease Control (CDC) likewise expires June 30.

Today on the Show we will break down the nuts and bolts of what these foreclosure and eviction protections have looked like, and also cover what to expect in the months ahead, including discussing the various end dates of certain State deadlines, which largely track the Fed expiration of June 30. A notable outlier is New York, which extends its eviction ban through August 31, 2021.

The hidden problem is that many homeowners and renters have been lulled into a sense of complacency about the mounting charges for rent and claims for mortgage payments. HIt by economic hardship, many households had to spend the money on other necessities to live. They don’t have the money to pay off the “arrears.” And many still don’t even have the income to do so.

This presents a myriad of issues. But first, you need to start with the basics of the elements and requirements of the moratoriums and then move on to the elements and requirements of making a claim for a debt that may not exist or which cannot be legally claimed by the lawyers or parties who are making the claim.

One Response

  1. Biden needs to extend That moratorium ASAP. I would say until Spring 2022. Or he is going to have a shitstorm on his hands in September.

    But then again, maybe that’s the game plan all along.

Leave a Reply

%d bloggers like this: