Resources For COVID-19
A message from our President and CEO, Suzanne Cabrera
During this unprecedented crisis, the country has been advised to stay Safer at Home. To make sure homeowners and renters are able to do that, we are responding to the need for housing information and resources.
Many households have one or more members who are experiencing sudden unemployment. In an area like ours that has extremely high housing costs, many households cannot afford to miss even one paycheck. We are committed to making sure you have the resources you need to be able to stay Safer at Home.
If you have questions, please email email@example.com.
We are here for you.
FHFA Extends Foreclosure and REO Eviction Moratoriums
Foreclosure moratorium applies to Enterprise-backed mortgages; eviction moratorium applies to Enterprise-owned properties
Washington, D.C. –Today, to help borrowers at risk of losing their home due to the coronavirus national emergency, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) will extend the moratoriums on single-family foreclosures and real estate owned (REO) evictions until at least January 31, 2021. The foreclosure moratorium applies to Enterprise-backed, single-family mortgages only. The REO eviction moratorium applies to properties that have been acquired by an Enterprise through foreclosure or deed-in-lieu of foreclosure transactions. The current moratoriums were set to expire on December 31, 2020.
“Extending Fannie Mae and Freddie Mac’s foreclosure and eviction moratoriums through January 2021 keeps borrowers safe during the pandemic,” said Director Mark Calabria. “This extension gives peace of mind to the more than 28 million homeowners with an Enterprise-backed mortgage.”
Currently, FHFA projects additional expenses of $1.1 to $1.7 billion will be borne by the Enterprises due to the existing COVID-19 foreclosure moratorium and its extension. This is in addition to the $6 billion in costs already incurred by the Enterprises. FHFA will continue to monitor the effect of coronavirus on the mortgage industry and update its policies as needed. To understand the protections and assistance offered by the government to those having trouble paying their mortgage, please visit the joint Department of Housing and Urban Development, FHFA, and the Consumer Financial Protection Bureau website at cfpb.gov/housing.
CDC Issues Temporary Halt in Residential Evictions To Prevent the Further Spread of COVID-19!
The Centers for Disease Control and Prevention (CDC), located within the Department of Health and Human Services (HHS) announces the issuance of an Order under Section 361 of the Public Health Service Act to temporarily halt residential evictions to prevent the further spread of COVID-19.
- Help for homeowners, presented by Wells Fargo
- Help for renters, presented by The Community Foundation for Palm Beach and Martin Counties
- COVID-19 webinars
Thank you to our partners!