Government Agencies Extend Foreclosure and Eviction Moratorium through June 30, 2020
May 18, 2020
Fort Lauderdale, FL
The moratorium extended by both HUD –
Mortgagee Letter 202-13 and the FHFA extends the previous moratorium on Foreclosures and Evictions through June 30, 2020 with the exception being mortgages secured by vacant or abandoned properties. The previous moratorium was set to expire on Sunday May 17, 2020. The HUD moratorium does apply HECM (Reverse Mortgages).
The guidance provides the moratorium applies to Initiation of Foreclosures and to Foreclosures in process.
Please contact Greenspoon Marder’s Financial Services team with any questions on the application of the extended Foreclosure and Eviction Moratorium as well as the interplay of the Extended Moratorium with State Specific Executive Orders.
As always, our Management Team is available 24/7 for our clients – we do not foresee any disruption of email communication, however, please see below phone contacts as needed:
David Merkur, Esq. 954-804-3478
Erin Kennedy 954-821-4416
Kristen Palumbo 716-603-4426
Michele Clancy, Esq. 561-271-6094
About Greenspoon Marder
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