FHA foreclosure and eviction moratorium extended

The FHA has announced the third extension of its foreclosure and eviction moratorium through December 31, 2020, for homeowners with FHA-insured single family mortgages covered under the Coronavirus Relief and Economic Security (CARES) Act. This extension provides an additional four months of housing security to homeowners, as they will not fear losing their homes as they work to recover financially from the adverse impacts of the pandemic. With this third extension, the FHA has now provided more than nine months of foreclosure and eviction relief to FHA-insured homeowners.