COVID-19

Understanding Mortgage Forbearance and Eviction Moratoriums

Understanding Mortgage Forbearance and Eviction Moratoriums

Relief for landlords and tenants during the COVID-19 shutdowns is coming in the form of economic stimulus and orders from governments both local and federal. You may have seen terms in recent headlines like “mortgage forbearance” and “eviction moratoriums.” But what exactly do these terms mean? And who is eligible to receive these leniency options?