On Tuesday the Centers for Disease Control and Prevention issued a new order temporarily halting residential evictions through October 3 in counties with “heightened levels of community [COVID-19] transmission.”
Tag: Eviction Moratorium
FHFA Encourages Landlords to Apply for Emergency Rental Assistance Before Evicting Tenants
The Centers for Disease Control’s eviction moratorium expired July 31, but the Department of Agriculture, HUD, the Department of Veterans Affairs and the Federal Housing Finance Agency extended their foreclosure-related eviction moratoria until September 30. The agencies issued a joint statement encouraging landlords of properties backed by Fannie Mae or Freddie Mac to apply for Emergency Rental Assistance before starting the eviction process for non-payment of rent.
CFPB: Rental Assistance Available as Eviction Moratorium Expiration Approaches
As the July 31 federal eviction moratorium expiration approaches, the Biden Administration, Consumer Financial Protection Bureau, Mortgage Bankers Association and industry groups are working together to inform apartment owners and renters about the rental assistance programs available to them.
Freddie Mac: Moratoria Staved Off Eviction Crisis During Pandemic
Freddie Mac, McLean Va., said federal and local moratoria in response to the COVID-19 pandemic largely prevented an eviction crisis involving property renters—but the amount of back rent still owed is a “concerning factor” going forward.
Grant Carlson: The June 29 Supreme Court Ruling on CDC Residential Eviction Moratorium
On Tuesday the U.S. Supreme Court in, a 5-4 ruling, declined to lift the national Center for Disease Control and Prevention’s residential eviction moratorium. The ruling responds to a request to lift the D.C. Federal District Court’s stay, which has effectively paused its order invalidating the CDC moratorium.
CDC Extends National Eviction Moratorium For Final Time to July 31
The Centers for Disease Control and Prevention last Thursday extended its nationwide residential eviction moratorium by another month, to July 31.
MBA, Real Estate Industry Commend Administration for Recovery Efforts; Call for End to Nationwide Eviction Moratorium
The Mortgage Bankers Association and a broad real estate coalition on Friday commended measures President Biden has taken to stabilize the housing sector and urged the administration to sunset the federal moratorium on evictions on June 30.
CDC Extends National Eviction Moratorium to June 30
The Centers for Disease Control and Prevention announced this week an extension to the eviction moratorium further preventing the eviction of tenants who are unable to make rental payments. The moratorium that was scheduled to expire on March 31 is now extended through June 30.
Biden Administration Extends and Expands Forbearance/Foreclosure Relief Programs
The Biden Administration announced a coordinated extension and expansion of forbearance and foreclosure relief programs. The programs, set to expire at the end of March, have now been extended through June 30.
CREF Highlights Oct. 15, 2020
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.