COVID- Govt. Forbade lenders on Foreclosures?

[Jonathon Nila]

What’s up BP Community!

So I was talking to my local Real Estate Agent and I was telling her that I was interested in looking at Foreclosures/REO property's I was recently approved for a 203k/Conventional HFAloan. and she said Because so many people's ability to earn income was impacted by the stay at home order, the gov't forbade lenders to foreclosure on anyone. That order hasn't been lifted As the dust settles from COVID, we will start to see the distressed sales and foreclosures increase, unfortunately. Is this true information? My location is Northern California. Modesto California. Please advise and thanks to you all in advance!