The Federal Housing Administration (FHA) has announced an extension of its foreclosure moratorium for the island of Maui, applying to both its forward and reverse mortgage programs. This guidance aims to provide relief to homeowners on Maui who may be struggling financially and facing foreclosure during these challenging times. The extension of the moratorium demonstrates FHA’s commitment to supporting homeowners in need and preventing unnecessary foreclosures.
Key points:
– FHA has extended its foreclosure moratorium for Maui
– The guidance applies to both forward and reverse mortgage programs
– The extension aims to provide relief to homeowners on Maui facing financial hardship
– This decision reflects FHA’s commitment to supporting homeowners and preventing foreclosures.
You can read this full article at: https://www.housingwire.com/articles/fha-extends-foreclosure-moratorium-on-hawaiian-island-of-maui/(subscription required)
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