Foreclosure and eviction moratoriums for FHA-backed loans were previously set to expire December 31st, 2020. The FHA has now given them a two-month extension to February 28th, 2021. Borrowers will also be able to request initial forbearance through this date, potentially allowing them to remain in forbearance through February 2022. The moratorium applies only to legal occupants of single-family residences.
This extension means FHA moratoriums are extended beyond the FHFA moratoriums affecting those with loans backed by Fannie Mae or Freddie Mac. Those were also recently extended, but only through January 31st, 2021. Of course, given how recent that extension was, it’s entirely possible FHFA borrowers will also get another extension in the future if needed.