Help with Housing
The Federal Housing Finance Agency isoffering multifamily property owners mortgage forbearance with the condition that they suspend all evictions for renters unable to pay rent due to the impact of coronavirus. For more information on these suspended evictions, click here.
Governor Hogan has issued an emergency order that prohibits Maryland courts from ordering the eviction of any tenant who can show that their failure to pay rent was the result of COVID-19—for example, because of lost or reduced employment, or needing to care for a school-aged child—or because they are diagnosed with, or under investigation for, COVID-19. Read the Emergency Order
Evictions are halted in Baltimore City per Mayor Young. For more information, you can contact Baltimore City Rental Eviction Sheriff Services 410-396-7412.
Beginning April 20th, Anne Arundel County residents can apply to the Eviction Prevention Program and access the free confidential financial and foreclosure prevention counseling services by calling ACDS at 410-222-7600 (then dial zero). For more information, click here.
The Consumer Financial Protection Bureau has created "Mortgage and housing assistance during the coronavirus national emergency" and a video to explain the options.
HUD Issued a guidance banning foreclosures. Properties secured by FHA-insured Single Family mortgages are subject to a moratorium on foreclosure for a period of 60 days. The moratorium applies to the initiation of foreclosures and to the completion of foreclosures in process. Similarly, evictions of persons from properties secured by FHA-insured. Single Family mortgages are also suspended for a period of 60 days.
The Federal Housing Finance Agency annouced help for homeowners who are having difficulty paying their mortgage due to the public health crisis. Click here for detailed information:MORTGAGE HELP FOR HOMEOWNERS IMPACTED BY THE CORONAVIRUS
For consumers who are currently in the process of having their home foreclosed on by their lender, on March 18, 2020, in response to the COVID-19 outbreak, Chief Judge Barbera of the Maryland Court of Appeals (the administrative head of the judicial branch in the State of Maryland), issued an administrative order immediately suspending all foreclosures of residential properties in Maryland. This means that all foreclosures in-process are halted, but the cases are not dismissed. The order does not prohibit the filing of a new foreclosure case or otherwise initiating a new foreclosure action; however, any new foreclosure is suspended immediately upon filing. For more information click here.
Maryland's Department of Labor, Financial Regulation Division has information if you are having difficulty paying your mortgage as a result of the COVID 19 crisis.
The Pro Bono Resource Center of Marylandis offering free legal consultations via telephone with a lawyer starting March 28th through April 15th to assist Baltimore homeowners who are behind on their property taxes, and/or other City citations or fees. While tax sales have been suspended, their staff can help homeowners prepare for the next tax sale date. For more information, click here. Baltimore's Mayor officially announced that the tax sale will be postponed until July 20th. Property owners will have until June 30 to pay, and the city publish another list on May 13th.
Financial Institutions' Responses:
The American Bankers Association has compiled an alphabetical list of publicly announced steps banks of all sizes have taken to respond to the crisis, including mortgage assistance plans.
The MD&DC Credit Union Association has a consumer resource page on their website, including a link to each credit union's so you can check for their COVID 19 assistance programs.