FHA Mortgage Alert! FHA Extends Foreclosure And Eviction Moratorium
FHA Issues FHA Mortgage Alert. FHA Directs Mortgage Servicers To Halt All Foreclosure Actions Until August 31st. HUD has issued an FHA Mortgage alert. HUD announced FHA is extending its foreclosure and eviction moratorium through August 31, 2020. This is the second extension the FHA has enacted since the COVID-19 pandemic began. FHA issued its first extension on May 14th. The foreclosure and eviction moratorium extension applies to homeowners with FHA-insured mortgages. The FHA hopes the extension will provide additional security and relief to homeowners attempting to financially recover from the current economic climate. Read more at MFI-Miami