Housing Department says it helped 2 million U.S. homeowners avoid foreclosure during pandemic

HUD says it helped 2 million homeowners avoid foreclosure during pandemic - UPI.com Nearly two million homeowners were able to avoid foreclosure during the COVID-19 pandemic due to Federal Housing Administration programs, the Department of Housing and Urban Development said Wednesday. UPI

...

Last week the FHA said that they were extending COVID-19 relief for eligible borrowers for another 18 months. Included in the updated rules are increases in the limit of interest-free arrearages that borrowers can pay at the end of their mortgage. HUD said that this will help offset recent higher interest rates.

...