While the deadline to file taxes remains April 15, the IRS is extending the deadline to pay taxes below $1 million, allowing taxpayers an extra 90 days to submit payment. In addition, the IRS plans not to pursue forclosures or evictions on government-guaranteed mortgages for at least 60 days.
“I think foreclosures and evictions are going to be paused in all markets,” said Michael Bright, chief executive of SFA. “It’s the right thing to do, (Fannie and Freddie) set the standard and if you wanted to do it, you couldn’t anyway” because many county recorders offices are closed, he said.
Read more via the San Fransisco Chronicle.