Wednesday 18 March 2020

Trump suspends HUD evictions, foreclosures amid coronavirus pandemic

President Donald Trump announced Tuesday that the Department of Housing and Urban Development will suspend all foreclosures and evictions through April in response to the coronavirus pandemic. The moratorium would apply to mortgages insured by the department’s Federal Housing Administration, or around 8.1 million households, according to Politico. Trump called it “immediate relief to renters and homeowners.” HUD, led by Ben Carson, also administers rental assistance to around 9 million low-income Americans. The Federal Housing



source https://therealdeal.com/2020/03/18/trump-suspends-hud-evictions-foreclosures-amid-coronavirus-pandemic/

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