The Federal Housing Administration (FHA) on Friday announced two new key responses to its ongoing disaster recovery efforts in the wake of an accelerating trend of extreme weather events. These include an extension of a foreclosure moratorium for victims of hurricanes Helene and Milton, as well as a new pre-disaster housing partnership with the Federal Emergency Management Agency (FEMA).

FHA formalized the foreclosure moratorium extension in Mortgagee Letter (ML) 2024-25, requiring lenders to immediately implement the extension that is now set to expire on April 11, 2025.

“This extension provides details ⇒

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