FHFA and DeSantis Extend Foreclosure, Eviction Moratorium
WASHINGTON, D.C. – The Federal Housing Finance Agency (FHFA) announced that the eviction moratorium on single-family home foreclosures will be extended from May 17 to June 30, 2020. The moratorium only applies to homes with loans held by Fannie Mae or Freddie Mac. However, FHA and VA loans might be included in a future announcement.
“During this national health emergency, no one should be forced from their home,” says FHFA Director Mark Calabria. “Extending the foreclosure and eviction moratoriums protects homeowners and renters with an Enterprise-backed mortgage and provides certainty for families.”
Three federal agencies – the Consumer Financial Protection Bureau (CFPB), Federal Housing Finance Agency (FHFA) and the Department of Housing and Urban Development (HUD) – unveiled a single-source of information for housing programs and recent changes stemming from the COVID-19 pandemic. For more information, go to cfpb.gov/housing.
Florida eviction moratorium
On Thursday, Florida Gov. Ron DeSantis extended the state’s existing moratorium on evictions and foreclosures to June 2. Without the extension, the moratorium was scheduled to end on Sunday, May 17.
The governor announced a plan to extend the moratorium on Wednesday and officially announced the signing of a new executive order during a news conference in Miami-Dade County on May 14.
© 2020 Florida Realtors®