{"id":"SEC-13-011","kind":"order","level":"federal","jurisdiction":"United States","state":"","metro":"","industry":"13","agency":"","eco":"","issuer":"Federal Housing Finance Agency (Director Mark Calabria), directing Fannie Mae and Freddie Mac","authority":"12 U.S.C. 4511 et seq. (conservatorship direction)","instrument":"FHFA news release: FHFA Moves to Provide Eviction Suspension Relief for Renters in Multifamily Properties","title":"FHFA Moves to Provide Eviction Suspension Relief for Renters in Multifamily Properties","dateIssued":"2020-03-23","effective":"2020-03-23","end":"codified by CARES Act sec. 4023 (Mar. 27, 2020); extended through 2020-2021 program terms","startDate":"2020-03-23","endDate":"2021-09-30","quarters":["2020Q2","2020Q3","2020Q4","2021Q1","2021Q2","2021Q3"],"types":["OTHER"],"addressees":["Enterprise multifamily servicers and borrowers"],"clause":"Fannie Mae and Freddie Mac (the Enterprises) will offer multifamily property owners mortgage forbearance with the condition that they suspend all evictions for renters unable to pay rent due to the impact of coronavirus. The eviction suspensions are in place for the entire duration of time that a property owner remains in forbearance.","enforcement":"Enterprise servicing guide requirements","functions":["SV (multifamily servicing)","BL (commercial real estate lending)"],"notes":"","sourceUrl":"https://www.fhfa.gov/news/news-release/fhfa-moves-to-provide-eviction-suspension-relief-for-renters-in-multifamily-properties","snapshot":"","fileExists":true,"fileBytes":50241,"grade":"primary","character":"","description":"","collection":"SEC-13","url":"/library/SEC-13-011","exhibitUrl":"/exhibit/SEC-13-011","citation":"Federal Housing Finance Agency (Director Mark Calabria), directing Fannie Mae and Freddie Mac, FHFA news release: FHFA Moves to Provide Eviction Suspension Relief for Renters in Multifamily Properties (Mar. 23, 2020) (Ex. SEC-13-011)","stateName":"","related":[]}