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HUD Extends COVID-19 Relief Measures | Weiner Brodsky Kider PC


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On February 16, 2021, HUD published Mortgagee Letter 2021-05. This mortgagee letter, which is effective immediately, provides for a number of COVID-19 related extensions and relief options. These include, among other things, the following:
The foreclosure and eviction moratorium has been extended to June 30, 2021; additionally, HUD has extended the deadline for the first legal action, and the Reasonable Diligence Time Frame, to 180 days.
HUD requires mortgagees to approve the initial COVID-19 Forbearance or HECM Extension Period no later than June 30, 2021.
Eligible borrowers may now receive more than one COVID-19 Home Retention Option. ....

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