Seller/Servicer Memorandum 20-06
Date: May 19, 2020
Sheena Villafuerte, Servicing Manager, 907-330-8222
In accordance with the FHFA and FHA announcement on Friday, May 15, 2020, AHFC is extending the foreclosure and eviction moratorium until June 30, 2020.
- This applies only to occupied, single family mortgages
- All active foreclosures or evictions on occupied, single family mortgages should remain on hold and scheduled for the next course of action after June 30, 2020
- For Insured loans, follow the appropriate Insurer guidelines, to include foreclosure and eviction suspensions, if applicable
- Vacant properties - proceed with foreclosure process
For multifamily loan programs, the Servicer should continue to work with the borrower(s) for available loss mitigation options.