The U.S. Department of Housing and Urban Development extends foreclosure moratoriums ...Middle East

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The U.S. Department of Housing and Urban Development extends foreclosure moratoriums
Federal home mortgage foreclosure moratoriums have been extended in storm-ravaged western North Carolina. (Photo: Greg Childress)The U.S. Department of Housing and Urban Development (HUD) has extended its foreclosure moratoriums for FHA-insured single family home mortgages and home equity mortgages in federally declared major disaster areas to April 11, 2025. The extension is intended to give borrowers affected by Hurricanes Helene and Milton additional time to access federal, state or local housing resources or to consult with HUD-approve housing counselors or to rebuild their homes. “When disaster strikes, we know that families and communities need not only resources, but time to recover,”

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