April 21, 2020 — Issue Brief

Federal and states government have announced measures to assist millions of Americans facing an inability to make their monthly mortgage payments due to the COVID-19 emergency.

You should pay your mortgage if you can afford it.

If you cannot make a mortgage payment, relief may be available.

Under federal law, a servicer cannot start the foreclosure process unless your loan is more than 120 days past due.

But, not all mortgage loans qualify for the same payment relief.