New York housing

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New York will let some residents skip 3 months of mortgage payments as coronavirus spreads

Mar 19, 2020By

HUD, Fannie Mae, and Freddie Mac announced Wednesday that they are suspending foreclosures and evictions for at least 60 days to keep people in their homes the coronavirus spreads. But the state of New York is taking its relief efforts several steps further, including letting certain residents skip their mortgage payments for 90 days.

3d rendering of a row of luxury townhouses along a street

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