Fannie and Freddie Extend Foreclosure Suspension for Puerto Rico and U.S. Virgin Islands

Federal Issues Disaster Relief Fannie Mae Freddie Mac Mortgages Foreclosure

On December 20, Fannie Mae, in Lender Letter LL-2017-11, and Freddie Mac, in Guide Bulletin 2017-29, extended the suspension of foreclosure sales through March 31, 2018 of mortgaged properties in FEMA-declared disaster areas in Puerto Rico and the U.S. Virgin Islands due to Hurricanes Irma and Maria. The extension does not apply to any other jurisdictions similarly designated.

Find continuing InfoBytes coverage on Disaster Relief here.