Tag Archives: moratorium

In an effort to assist borrowers impacted by Maui’s August wildfires, mortgage servicers will be prohibited from initiating or completing foreclosure actions through May 6, 2024.

Two federal courts in Ohio and Texas have found the CDC lacked the authority to impose a nationwide moratorium on evictions.

Black Knight finds that while the housing market has been in a slow recovery, the national foreclosure rate remains nearly five times greater than pre-pandemic levels.

This extends the ban until next year and covers the roughly 8.1 million homeowners with single-family mortgages insured by the FHA.

The foreclosure moratorium applies to Enterprise-backed, single-family mortgages only. The current moratorium was set to expire on June 30.  

As Puerto Rico faces its worst housing crisis yet, rebuilding the island’s housing market will require more than just new power grids and homes.