In response to directions from the Biden Administration, the following actions have been taken:
Federal student loans. The Acting Secretary of Education has extended the following relief on ED-held federal student loans until September 30, 2021:
- Suspension of loan payments
- Suspension of collection efforts
- Setting of interest rate at 0%
Foreclosures and Evictions. Foreclosures and Evictions. Fannie Mae and Freddie Mac have extended the moratorium on single-family foreclosures from January 31, 2021 to February 28, 2021. The moratorium on evictions from single-family homes owned by Fannie Mae or Freddie Mac also is extended until February 28, 2021.
Originally Published by Ballard Spahr, January 2021
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