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Waterloo Times

Monday, December 23, 2024

CITY OF WATERLOO: FHA's Foreclosure And Eviction Moratorium Ends This Month

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City of Waterloo issued the following announcement.

Hardships from the COVID-19 pandemic continue to be felt across the economy. Currently there are well over 300,000 FHA borrowers nationwide who are at least 90-days delinquent on their mortgage and in danger of losing their home to foreclosure. In Iowa, there are 2,542 families in delinquency with FHA loans. 

This relief will only be available until June 30, 2021.  This toolkit can be used to provide struggling FHA homeowners that have delinquent loans with effective information to possibly prevent them from losing their homes.  

Please visit the website, https://www.hud.gov/coronavirus/homeowners for more details. 

Original source can be found here.

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