FHA Suspends Foreclosures and Evictions Amid COVID-19
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.
Quick Links
- View Mortgagee Letter 2020-04 and all other archived Mortgagee Letters at: https://www.hud.gov/program_offices/administration/hudclips/letters/mortgagee
- Access the HUD Press Room at: https://www.hud.gov/press
- View the FHA COVID-19 Q&A on the Single-Family main page on hud.gov at: https://www.hud.gov/program_offices/housing/sfh
Resources
Contact the FHA Resource Center:
- Visit our online knowledge base to obtain answers to frequently asked questions 24/7 at: www.hud.gov/answers.
- E-mail the FHA Resource Center at: answers@hud.gov. Emails and phone messages will be responded to during normal hours of operation, from 8:00 AM to 8:00 PM (Eastern), Monday through Friday on all non-Federal holidays.
- Call 1-800-CALLFHA (1-800-225-5342). Persons with hearing or speech impairments may reach this number by calling the Federal Relay Service at 1-800-877-8339.
FHA INFO Archives: Visit the FHA INFO Archives to access FHA INFO messages issued from 2012 to the present.
Subscribe/Unsubscribe Instructions:
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