Trellis News

On Friday, September 24, 2021, Trellis President and CEO Patricia Garcia Duarte participated in the Federal Reserve Board’s panel discussion Perspectives on the Pandemic Recovery. A few key points she addressed include the affordable housing shortage in Phoenix, the effects on homeowners now that the moratorium on foreclosures has ended, investor activity and the resulting …

The agency also expands temporary COVID-19 forbearance and servicing polices to provide additional homeowner relief. From the U.S. Department of Housing and Urban Development: Recognizing the financial and other hardships many individuals and families are facing due to the ongoing COVID-19 pandemic, the Federal Housing Administration (FHA) is expanding its relief efforts to assist homeowners …

As stated in an article by Kevin Stone on KTAR News, Arizona Gov. Doug Ducey has allocated $7 million from the state’s emergency fund to help renters and property owners struggling financially during the COVID-19 pandemic. The distribution includes $5 million to replenish the state’s Rental Property Owner Preservation Fund, which, according to a Wednesday …

A recent artictle by Joe Ducey of ABC15 points out that if you’re a renter having financial trouble trying to stay in your home, it may have just gotten harder. New state and federal orders and guidelines give more power to landlords to contest why tenants can’t pay rent, making it easier to start the …

The Federal Housing Administration (FHA) published Mortgagee Letter (ML) 2020-27, “Extension of Foreclosure and Eviction Moratorium in Connection with the Presidentially-Declared COVID-19 National Emergency,” which announces a third extension of the foreclosure and eviction moratorium through December 31, 2020. This moratorium extension is effective immediately upon the expiration of the existing moratorium announced in ML …