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HUD Extends Foreclosure Relief to Maui Victims

HUD Extends Foreclosure Relief to Maui Victims

The Federal Housing Administration extended its foreclosure moratorium for borrowers with FHA-insured mortgages in Maui County, HI, through August 4, 2024.

The bottom line: With this extension, FHA is instructing mortgage servicers that they must not initiate new, or continue with existing, foreclosure actions on FHA-insured single-family forward mortgages and Home Equity Conversion Mortgages for properties located in Maui County.

What they’re saying: “We’ve extended the foreclosure moratorium in Maui County, a county that experienced extreme devastation,” said Federal Housing Commissioner Julia Gordon. “We remain committed to doing all that we can to help the residents of Maui County recover from this disaster.”

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Darryl Hicks

Darryl Hicks is Vice President of Communications for the National Reverse Mortgage Lenders Association. In this capacity, Hicks writes for NRMLA's publications, manages the association's web sites and social media accounts, assists committees and the Board of Directors, and manages the Certified Reverse Mortgage Professional designation. Prior to joining NRMLA in 1999, Hicks spent three years in the Washington, D.C. bureau for National Mortgage News.