FHA has extended until December 31, 2020 its directive that properties secured by FHA- insured Single Family mortgages are subject to a moratorium on foreclosure, announced in Mortgagee Letter 2020-04, summarized here. This is the third extension of this moratorium. The moratorium applies to initiation of and completion of the foreclosure process.
Evictions of persons from properties secured by FHA- insured Single Family mortgages are suspended until December 31, 2020.
Deadlines for the first legal action and reasonable diligence timelines are extended by 90 days from the date of expiration of this moratorium. (Mortgagee Letter 2020-27, August 27, 2020.)