2020-06-18 HUD & FHA Extend Foreclosure & Eviction Moratoriums through August
| By:
Brad Beckett
HUD & FHA Extend Foreclosure & Eviction Moratoriums through August 2020BY BRAD BECKETT ON JUNE 18, 2020The U.S. Department of Housing & Urban Development (HUD) announced in mid-June that they were extending their moratorium on foreclosures and evictions through August 31, 2020. The foreclosure moratorium applies to homeowners with FHA-insured Single Family mortgages. “While the economic recovery is already underway, many American families still need more time and assistance to regain their financial footing,” said HUD Secretary Ben Carson. “Our foreclosure and eviction extension means that these families will not have to worry about losing their home as they work to recover from the financial impacts of COVID-19.” Click here for full report