Fannie Mae, Freddie Mac, HUD suspending all foreclosures and evictions
Suspension to be in effect until at least April 30
On March 18, mortgage lenders Fannie Mae, Freddie Mac and HUD, which provides FHA-insured loans, annouced that they were suspending all foreclosures and evictions for homeowners who have mortgage loans through them. Fannie Mae and Freddie Mac are suspending until April 30; HUD for 60 days.
While this is good news, it is very important to get in touch with MFA as soon as possible when you start having trouble making your house payment. The sooner you contact us, the more options we have availabale to help you keep your home. You can reach us at 505.843.6882.
If you’re having financial difficulties and want to be considered for a Loss Mitigation program, you must submit your financial information by following these instructions:
- Download the Financial Worksheet
- Refer to “Before Mailing” section on Page 2, which details all of the additional information and documents that are required and must be sent to us.
- Sign the form on Page 2 and mail or fax to:
Attn: Loss Mitigation Department
344 Fourth St. SW
Albuquerque, NM 87102
Once we receive your financial package, it will be reviewed. If information is missing you will be contacted.
Remember, the sooner you contact us, the better. We are here to help you!
More Information: Avoiding Foreclosure