COVID-19 HUD extension of foreclosure and eviction moratorium

The United States Department of Housing and Urban Development (HUD) has extended the foreclosure and eviction moratorium announced in Mortgagee Letter 2020-04 for borrowers with FHA-insured Single Family mortgages covered under the CARES Act through June 30, 2020.

FHA-insured Single Family mortgages, excluding vacant or abandoned properties, are subject to this extension to the moratorium on foreclosure.  The moratorium applies to initiation of foreclosure and to foreclosures in process.

Evictions of persons from properties securing FHA-insured Single Family mortgages are also suspended through June 30, 2020.

Deadlines for first legal action and responsible diligence are extended by 90 days from the date of the expiration of the moratorium.  (Mortgagee Letter 2020-13, May 14, 2020.)