Trellis News

FHA Extends its Foreclosure and Eviction Moratoria

Garrett Zucker/ POSTED ON February 16th, 2021

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 …

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Arizona Allocates $7M to Help Renters, Landlords During Pandemic

Garrett Zucker/ POSTED ON October 29th, 2020

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 …

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New Order Gives Landlords More Power When It Comes to Evictions

Garrett Zucker/ POSTED ON October 19th, 2020

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 …

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FHA’s Foreclosure and Eviction Moratorium Extended Through December 31, 2020

Garrett Zucker/ POSTED ON September 4th, 2020

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 …

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