Federal and state governments are beginning to issue emergency orders and take other actions related to foreclosure. Below is a summary of those actions to date. We will update this summary as new information becomes available.
Federal Actions
FHFA – On March 18, Director Calabria issued an order suspending foreclosures and evictions for all Fannie and Freddie loans. The suspension is in effect for at least the next 60 days.
HUD – On March 18, 12:14 pm EDT, ABC News reported HUD is suspending foreclosure on FHA loans until April 30. Awaiting formal HUD publication.
State Actions
California – On March 16 Governor Newsom issued an order permitting localities to take whatever means necessary to promote housing security and stability.
- Los Angeles – On March 13 Mayor Garcetti issued an order prohibiting evictions.
- San Francisco – On March 13 Mayor Breed issued an order prohibiting evictions.
Kansas – On March 17, Governor Kelly ordered all financial institutions operating in Kansas to suspend initiation of: (1) any mortgage foreclosure efforts or judicial proceedings, and (2) any commercial or residential evictions efforts or judicial proceedings until May 1, 2020.
Maryland – On March 16 Governor Hogan issued an emergency order suspending evictions.
New Hampshire – On March 17 Governor Sununu suspended all foreclosures for the duration of New Hampshire’s state of emergency.
Washington – The state has not issued emergency orders related to foreclosures. On March 14 Seattle Mayor Durkan issued an order suspending evictions.
