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.  HUD has extended the foreclosure and eviction moratoriums for FHA-insured single-family loans from February 28, 2021 to March 31, 2021.   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.