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Homeowners behind on their mortgages could get a reprieve on any foreclosures until 2022 – CNBC

The Consumer Financial Protection Bureau is looking to give homeowners in Covid-19 forbearance programs a reprieve from foreclosure proceedings until 2022.

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Millions of Americans took advantage of the payment suspension and mortgage forbearance programs both lenders and the federal government rolled out due to the Covid-19 pandemic last year. But as these emergency programs start to wind down this year, the Consumer Financial Protection Bureau wants to put safeguards in place to ensure millions of families aren’t forced into foreclosure. 
A year into the pandemic, about 2.5 million homeowners are still enrolled in some type of forbearance program, according…

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