HUD: FHA Suspends Foreclosures and Evictions Amid COVID-19 National Emergency
Today, the Federal Housing Administration (FHA) published Mortgagee Letter 2020-04, “Foreclosure and Eviction Moratorium in Connection with the Presidentially-Declared COVID-19 National Emergency,” which announces an immediate foreclosure and eviction moratorium for all FHA-insured single family mortgages for a 60-day period. Read today's Press Release from the U.S. Department of Housing and Urban Development (HUD) on the subject.
The Secretary of HUD authorized these moratoriums as a result of the national emergency declared by the President of the United States. They are part of a broader federal government effort to address impacts to the financial well-being of individuals, families, and businesses, and to ensure families are not displaced during this critical period.
Updates to Single Family's COVID-19 Q&A Available: FHA has developed and is maintaining a Q&A document to provide stakeholders with the latest information about FHA's response to the Presidentially-declared COVID-19 national emergency. An updated version of the FHA Single Family COVID-19 Q&A is now posted.
• View Mortgagee Letter 2020-04
• Access the HUD Press Room
• View FHA COVID-19 Q&A
Please direct all COVID-19 housing counseling questions to: firstname.lastname@example.org or to your housing counseling agency's HUD Point Of Contact (POC).
HUD OHC Listserv Bulk Subscriptions: Some housing counselors have asked, "How do I sign up my entire agency staff for HUD Office of Housing Counseling (HUD-OHC) mailing list updates?" It is easy... Just list your staff email addresses like this:
You can send in one email address or your entire agency. Then email your list to HUD's OHC. If you have a housing counseling industry friend who you want to subscribe to this mailing list, provide the instructions for subscribing or forward them this email.
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Courtesy of HUD