The US Department of Agriculture’s decision to extend the eviction moratorium for homeowners of properties financed or guaranteed by the agency through Sept. 30 could offer a reprieve to troubled mortgagees in Puerto Rico. There are 34,000 on that list, but not all are experiencing hardship. Furthermore, the agency announced that the single-family foreclosure moratorium […]
Some 1,500 Puerto Rico homeowners facing the possibility of foreclosure may be able to qualify for a new $20 million emergency assistance program unveiled Friday by the Puerto Rico Housing Financing Authority, in agreement with local banks.