Author name: intelacomm

#FHA to Extend #Foreclosure & Eviction BanThe ban only covers the roughly 8.1 million homeowners with single-family #mortgages insured by the #FHA, the HUD agency that backs low- and moderate-income borrowers’ loans, not those backed by #Fannie Mae and #Freddie Mac. 

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Foreclosures Moving

Contributed by Jo GardnerJune 4, 2020 In March, state to state lockdowns created concerns over homeowner’s ability to keep up with payments on their mortgages.  The announcement of a moratorium on foreclosures and evictions were a huge relief to homeowners laid off or with restricted income due to COVID19 fallout.  The Federal Housing Finance Agency

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