Foreclosure Prevention
Due to COVID-19, evictions for Fannie Mae and Freddie Mac and HUD mortgage loans are suspended through September 30, 2021.
Evictions for homeowners with Fannie Mae, Freddie Mac and HUD mortgage loans have been suspended through September 30, 2021. This is not an extension of the foreclosure moratorium which ends July 31, 2021. So homeowners cannot be evicted, but their lender can initiate foreclosure beginning August 1, 2021. While this is good news, it is very important to get in touch with Housing New Mexico as soon as possible when you start having trouble making your house payment. The sooner you contact us, the more options we have available 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:
1. Download the Financial Worksheet:
2. 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.
3. Sign the form on Page 2 and mail or fax to:
MFA
Attn: Loss Mitigation Department
344 Fourth St. SW
Albuquerque, NM 87102
Fax: 505.243.3289
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!
For more information, read these tips on how to avoid foreclosure:
