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Biden Extends Mortgage Relief, Foreclosure Ban To June

President Biden is extending mortgage relief and a ban on foreclosures through the end of June.

Greg McBride with Bankrate dot com says anyone with a federally backed mortgage is eligible for an extension of their CARES act forbearance. McBride says any person who is in need of a forbearance should contact their lender immediately. He says there's no big pile of paperwork to fill out and it will not affect your credit rating.

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