HUD and FHFA to Halt Foreclosures and Evictions

Last week, the Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA) announced plans to halt foreclosures and evictions in the wake of the COVID-19 pandemic.   

HUD announced that it will put a stop to all foreclosures and evictions for mortgages insured by the Federal Housing Administration (FHA) until the end of April 2020. The FHA backs an estimated 8.1 million mortgages.  

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