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Eviction and Foreclosure Moratorium Extended

 On December 21, 2020, HUD’s Federal Housing Administration (FHA) announced it is extending the foreclosure and eviction moratorium for single family FHA-insured mortgages for an additional two months, through February 28, 2021. HUD-FHA is also extending through February 28, 2021, the deadline for single family borrowers with FHA-insured mortgages to request an initial COVID-19 forbearance from their mortgage servicer to defer or reduce their mortgage payments for up to six months, which can be extended for an additional six months. In addition, HUD-FHA also extended multiple temporary provisions for lenders and servicers to allow them to continue doing HUD-FHA business despite social distancing considerations.