“We see these policies working in tandem to continue to support housing markets, tenants, landlords and homeowners in addressing the ongoing effects of the pandemic. In the aftermath of the enactment of that legislation, MBA continues to support the need for additional rental assistance for tenants, broad-based homeowner assistance, and enhancements to the Paycheck Protection Program to help the hospitality sector.” --MBA Senior Vice President of Legislative and Political Affairs Bill Killmer, in a letter to the House Financial Services Committee outlining key priorities in the fiscal 2021 federal budget.

The Federal Housing Finance Agency said Fannie Mae and Freddie Mac extended moratoriums on single-family foreclosures and real estate owned evictions until March 31.

The Mortgage Bankers Association says $222.5 billion of the $2.3 trillion (10 percent) in outstanding commercial and multifamily mortgages held by non-bank lenders and investors will mature in 2021, a 36 percent increase from the $163.2 billion that matured in 2020.