HUD: FHA Extends Foreclosure and Eviction Moratoriums for Homeowners through Year End

Third extension will allow FHA-insured homeowners economically impacted by COVID-19 to focus on financial recovery

WASHINGTON - Today, the Federal Housing Administration (FHA) announced the third extension of its foreclosure and eviction moratorium through December 31, 2020, for homeowners with FHA-insured single family mortgages covered under the Coronavirus Relief and Economic Security (CARES) Act. This extension provides an additional four months of housing security to homeowners, as they will not fear losing their homes as they work to recover financially from the adverse impacts of the pandemic. With this third extension, FHA has now provided more than nine months of foreclosure and eviction relief to FHA-insured homeowners.

To view the complete press release, visit HUD.com

Courtesy of HUD