Biden to end foreclosure and eviction moratorium on July 31

The Biden administration is ending federal bans on evictions and foreclosures on July 31 as the COVID-19 pandemic fades.

The moratoriums prevented landlords from booting deadbeat tenants and contributed to sky-high real estate prices by constricting supply.

About 2.3 million homeowners and about 6.2 million renters — or one in seven, as of late March — aren’t on top of payments, according to a recent Harvard University housing report.

Continue reading at source link below https://nypost.com/2021/06/24/biden-to-end-foreclosure-and-eviction-moratorium-on-july-31/