The federal government and states are implementing protections for homeowners and renters who can't make payments due to COVID-19
for borrowers due to the effects of the coronavirus. Cuomo is also temporarily postponing or suspending foreclosures. Evictions are suspended until further notice. New York relief for renters has not yet been announced.On March 16, North Carolina announced it is stopping eviction and foreclosure hearings for the next 30 days.
As of now, there are no guidelines in place on how many payments can be waived or for how long. The deferments will be approved on a case-by-case basis.Some mortgage customers may be eligible for a hardship program through Cenlar FSB, the bank’s service provider. For assistance, call Cenlar FSB at 855-839-6253 .to borrowers who might be unable to make mortgage payments due to financial hardship from the coronavirus pandemic.
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