Federal Worker Mortgage Forbearance Act

Allows eligible federal employees and certain federal contractors who suffer financial hardship because of a lapse in government funding to request a short, automatic pause (90-day forbearance) on federally backed mortgage payments. Servicers must grant the forbearance quickly, limit or suspend fees and interest during the pause, protect borrowers’ credit reporting, and follow agency notice rules; the law also applies retroactively and makes knowingly lying on a request a criminal offense.