Posts from March 12th, 2025
Sunshine Properties Blog
RSS Feed
Subscribe and receive email notifications of new blog posts.
RSS Feed
- 2026 | 40 Posts
- 2025 | 133 Posts
- 2024 | 168 Posts
- 2023 | 105 Posts
- 2022 | 144 Posts
- 2020 | 12 Posts
- 2019 | 44 Posts
- 2018 | 106 Posts
- 2017 | 80 Posts
Uncategorized | 832 Posts
March
12
12
California Housing Market: Prices, Trends, Forecast 2025-2026
California Housing Market: Prices, Trends, Forecast 2025-2026
March
12
12
HUD Extends Foreclosure Relief to Californians Impacted by Los Angeles County Wildfires
The Federal Housing Administration (FHA) has extended its foreclosure and eviction moratorium for victims of the recent Los Angeles wildfires until July 2025. This decision was announced during a visit to Los Angeles by HUD Secretary Scott Turner.
The moratorium applies to all FHA-insured Title II Single Family forward mortgages and Home Equity Conversion Mortgages (HECMs) in areas affected by the wildfires. It prohibits mortgage servicers from initiating or proceeding with foreclosure actions and from evicting occupants of FHA-insured properties, except for those secured by vacant or abandoned properties.
This extension aims to provide homeowners additional time to access federal, state, or local housing resources and to consult with HUD-approved housing counselors. Homeowners facing financial difficulties due to the wildfires are encouraged to contact their mortgage servicers to explore available assistance options.