Mortgage Forbearance & Eviction Moratorium Update April 2021. If you have a mortgage or are a landlord you'll want to see this video! The Federal Housing Finance Agency, have recently announced that they are going to be in alignment with the CFPB in regards to foreclosures and the mortgage forbearance. Basically the CFPB, have warned the Banks and Mortgage Lenders to make sure to take care of the borrowers when the mortgage forbearance expires in September. So what this means for the mortgage forbearance is that there will be broader coverage when it comes to government-backed mortgages. In other news, when it comes to the eviction moratorium, the CFPB is offering additional layers of protection when it comes to tenants who may have not been able to pay rent. The CFPB has announced they will allow tenants to sue landlords who are attempting to collect lost rent from them. This law comes from the CDC's eviction moratorium offering protection to tenants. These new laws will be implemented for the rights of tenants and to prevent any landlord taking advantage of tenants who fall under the eviction moratorium. 0:00 Intro 0:30 The FHFA News in alignment with the CFPB 3:35 CFPB offering extra protecting for tenants 5:20 If you are a landlord, watch this 6:20 Final Thoughts on the eviction moratorium ๐Ÿ˜ƒ Thanks for Subscribing & Liking our Video! ๐Ÿ“ง โŒจ๏ธ FREE 7 Day Trial To PropStream Real Estate Investing Software: http://reisoftware.thekwakbrothers.com ๐Ÿ“Š Pay Off Your Mortgage In 5-7 Years (On Average): https://www.youtube.com/watch?v=eGVn9iq1e6c ๐Ÿ’ป JOIN OUR FREE FACEBOOK GROUP FOR LANDLORDS & PASSIVE INCOME: https://www.facebook.com/groups/bestreigroup ๐Ÿ’ณ Are you a Business Owner? Start Accepting Credit Card Payments with Lower Fees: http://emap.easypaydirect.com/go/signup/vf8d3N ๐Ÿ“ก PROTECT YOUR ONLINE DATA AND ACTIVITY WHILE CLOSING DEALS AND GENERATING NEW LEADS WITH NORDVPN: https://go.nordvpn.net/aff_c?offer_id=15&aff_id=40858 ๐Ÿ”Š Our Podcast: ๐Ÿ”นSpotify: https://open.spotify.com/show/7pnHJSNl7vPVFzq69IzC6B ๐Ÿ”นiTunes: https://podcasts.apple.com/us/podcast/first-deal-experience/id1282240923 ๐Ÿ“ง Hire the Kwak Brothers to Speak: info@thekwakbrothers.com #realestateinvesting #thekwakbrothers #realestate ======================== ---DISCLAIMER--- The suggestions, advice, and/or opinions that are given by Sam Kwak (The Kwak Brothers) are simply opinions. There are no guarantees of set outcomes. Listeners, guests, and attendees are advised to always consult with attorneys, accountants, and other licensed professionals when doing a real estate investment transaction. Listeners, guests, and attendees are to hold Sam Kwak, Novo Elite, Inc. and the Kwak Brothers brand harmless from any liabilities and claims. Not all deals will guarantee any profit or benefits. Listeners, guests, and attendees are to view and listen to all materials and contents furnished by the Kwak Brothers as a perspective based upon experience.