President Biden to extend mortgage relief, ban on home foreclosures through June USA TODAYWASHINGTON ¡ª President Joe Biden is extending a ban on home foreclosures for federally backed mortgages by three months and expanding a mortgage relief program in a push to stabilize the nation's housing affordability crisis amid the COVID-19 pandemic. The foreclosure moratorium was set to expire March 31 and instead will be in place through June 30. It's the second time Biden has extended the ban after he used one of his Day One executive actions to push back a previous Jan. 31 end date. A White House statement said Biden is committed to protecting home ownership and housing stability during the pandemic, calling the extended forbearance and foreclosure programs "an important step towards building stronger and more equitable communities."
definitely needed