Breaking News: HUD to Suspend Foreclosures and Evictions

The federal government has announced a critical effort to stabilize the economy as the country addresses the coronavirus pandemic.

March 18, 2020, 12:00 PM PDT

By James Brasuell @CasualBrasuell


Ben Carson

Joseph Sohm / Shutterstock

"President Donald Trump said the Department of Housing and Urban Development will suspend housing evictions and foreclosures through April because of the coronavirus," reports Aimee Picchi

"HUD 'is providing immediate relief to renters and homeowners by suspending all foreclosures and evictions until the end of April,' Mr. Trump said at a press conference to discuss the pandemic on Wednesday."

The scope of the decision—e.g., how many renters and homeowners will gain the protection of the decision—is still unclear. Planetizen will be monitoring this decision as more details become clear.

Wednesday, March 18, 2020 in CBS News

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