Seller/Servicer Memorandum 20-06

Date:  May 19, 2020

CONTACT SERVICING
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.