Archives For: USDA
USDA: Extension of a COVID-19 Foreclosure Related Eviction Moratorium
The U.S. Department of Agriculture (USDA) announced an extension of its moratorium on evictions through September 30, 2021, for Single Family Housing Guaranteed Loan Program borrowers. The foreclosure moratorium remains unchanged and will expire on July 31, 2021.
30 Jul 2021
USDA: New COVID-19 Special Relief Measures and Servicing Guidance
The U.S. Department of Agriculture (USDA) provided advance notice of technical Handbook 1-3555 updates. Included are new COVID-19 Special Relief Alternatives and clarification on existing policies.
23 Jul 2021
USDA: Foreclosure and Eviction Moratorium Extended
The U.S. Department of Agriculture (USDA) announced that its foreclosure and eviction moratorium has been extended through July 31, 2021.
25 Jun 2021
USDA: Foreclosure and Eviction Moratorium Extended
The U.S. Department of Agriculture (USDA) announced that its foreclosure and eviction moratorium has been extended through June 30, 2021.
16 Feb 2021
USDA: Foreclosure and Eviction Moratorium Extended
The U.S. Department of Agriculture (USDA) announced that its foreclosure and eviction moratorium has been extended until March 31, 2021.
20 Jan 2021
USDA: Foreclosure and Eviction Moratorium Extension
The U.S. Department of Agriculture (USDA) announced that its foreclosure and eviction moratorium has been extended until February 28, 2021.
21 Dec 2020
USDA: Measures to Help Rural Residents, Businesses and Communities Affected by COVID-19
The USDA updated a previous announcement regarding immediate measures it is taking to help rural residents, businesses and communities affected by the COVID-19 outbreak. The announcement now highlights guidance issued by the Centers for Disease Control and Prevention ordering a halt in tenant residential evictions.
9 Sep 2020
USDA: Servicing Relief for Borrowers Impacted by Presidentially Declared Disaster Areas During the COVID-19 Pandemic
The U.S. Department of Agriculture (USDA) issued a release announcing relief measures for holders and/or loan servicers of USDA Sigle Family Housing Guaranteed Loan Program mortgages and providing guidance on assisting borrowers affected by a Presidentially Declared Disaster area during the COVID-19 pandemic.
8 Sep 2020
USDA: Elizabeth Green Named Acting Administrator of Rural Housing Service
U.S. Department of Agriculture (USDA) Deputy Under Secretary for Rural Development Bette Brand has named Elizabeth Green as acting administrator of Rural Housing Service. Previously, Green served as USDA Rural Development’s state director for Virginia. During her tenure, she led a team of 61 to invest in rural communities across the state.
28 Jul 2020
USDA: Handbook Updates: Loss Claim and Loss Mitigation
The USDA published new 3555 Handbook chapters in response to a final rule (effective April 24) that will streamline the loss claim process for lenders who have acquired title to property through voluntary liquidation or foreclosure and better align loss mitigation policies with the mortgage industry.
27 Jan 2020