FHFA Extends Eviction and Foreclosure Moratorium

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On May 14, 2020, the Federal Housing Finance Agency (FHFA) announced an extension of its eviction and foreclosure moratorium due to the COVID-19 pandemic until June 30, 2020. This is an extension of FHFA's March 18 directive suspending evictions and foreclosures for 60 days. The moratorium applies only to Fannie Mae and Freddie Mac single-family loans. 

The GSEs have not yet issued guidance related to this new extension. We will continue to monitor for new Fannie Mae, Freddie Mac, and FHFA guidance concerning this moratorium extension. 

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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