There are new laws in place amid the coronavirus outbreak. Today I’m particularly discussing the hold on evictions mandate.
I hope you and your family are healthy and surviving this tough social distancing period. Today I’m discussing the state and federal laws that have been put in place in response to the coronavirus, specifically the hold on evictions mandate. With the stimulus package President Trump passed, evictions are on hold for 120 days. The houses that are covered under this are the ones collecting rent under HUD, Section 8, Victims Against Crime, or any house with a mortgage backed by Fannie Mae or Freddie Mac, meaning it’s federally insured. Be aware: Just because you’re paying Wells Fargo, for example, doesn’t mean it isn’t federally insured.