Expiration and Extension of Federal and State Limits on Foreclosures in North Carolina
Published for On the Civil Side on May 29, 2020.
UPDATE (June 28, 2021):Â The federal moratorium on foreclosures and evictions from properties subject to foreclosure is extended for many loans.
- The Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac will extend the moratorium on single-family foreclosures and real estate owned evictions through July 31, 2021.
- The U.S. Department of Housing and Urban Development through the Federal Housing Administration announced an extension of its foreclosure and eviction moratorium through July 31, 2021 related to FHA insured loans.
- The Department of Veterans Affairs announced an extension of the foreclosure moratorium on VA-guaranteed loans through July 31, 2021.
- The U.S. Department of Agriculture announced an extension of the foreclosure and eviction moratorium for all USDA Single Family Housing direct and guaranteed loans through July 31, 2021.
A press release issued by the White House on June 24, 2021 indicates that this will be the final extension of the foreclosure moratorium.
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