borrowers with FHA-insured mortgages and mortgagees. In fact, they say it’s not likely homebuyers will stop for anything. The Federal Housing Administration (FHA) and HUD announced, a few weeks following FHFA's similar announcement, the fourth extension of its foreclosure and eviction moratorium … This extension provides an additional four months of housing security to homeowners, as they … FHA’s Single Family foreclosure and eviction moratorium extension applies to homeowners with FHA-insured Title II Single Family forward and Home Equity Conversion (reverse) mortgages, and continues to direct mortgage servicers to: “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. FHA will continue to assist borrowers who are struggling to regain their financial footing as a result of this pandemic. Assess borrowers who receive COVID-19 forbearance for its special COVID-19 National Emergency Standalone Partial Claim before the end of the forbearance period. “FHA is committed to working with borrowers impacted by COVID-19 and this second extension of the foreclosure and eviction moratorium is another sign of the unprecedented steps HUD is taking to assist those impacted by this terrible pandemic,” said Acting Federal Housing Commissioner Len Wolfson. This is the fourth extension of the moratorium, first issued in March, to provide relief to homeowners with FHA-insured mortgages during the COVID-19 pandemic. WASHINGTON - Today, the Federal Housing Administration (FHA) announced a two-month extension of its foreclosure and eviction moratorium through August 31, 2020, for homeowners with FHA-insured Single Family mortgages. “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.”. The Department of Housing and Urban Development recently announced that the Federal Housing Administration is granting a two-month extension of its foreclosure and eviction moratorium and initial forbearance requests through February 28, 2021.. This now marks the fourth eviction moratoria extension the FHA has enacted since the COVID-19 pandemic began. “COVID-19 has created hardships for millions of Americans. The COVID-19 National Emergency Standalone Partial Claim puts all deferred mortgage payment amounts owed into a junior lien which is only repaid when the borrower sells the home, refinances the mortgage, or the mortgage is otherwise extinguished. In this episode, Real Estate Agent Xio Sandoval discusses how she is helping clients lock in a home in today’s competitive market. This extension provides additional security and peace of mind to homeowners that they will not lose their homes while they are trying to recover financially. American homeowners should not be forced from their homes while they are seeking help,” said assistant Secretary for Housing and Federal Housing Commissioner Dana Wade. login. For information about Opportunity Zones visit: https://opportunityzones.hud.gov/. 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. For the fourth time, the Federal Housing Administration (FHA) announced it is extending the foreclosure and eviction moratorium for single family FHA … The extension means some borrowers may not exit forbearance until February 2022. Resources A number of federal agencies had already extended the moratorium that were due to expire on Dec. 31. Homeowners with FHA-insured mortgages should continue to make their mortgage payments during the foreclosure and eviction moratorium if they are able to do so, or seek mortgage payment forbearance pursuant to the Coronavirus Relief and Economic Security Act (CARES) Act from their mortgage servicer, if needed. “Today’s foreclosure moratorium and forbearance extensions for single family homeowners ensure American homeowners continue to have the critical relief and support they need to get back to financial stability.”. 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