Category Archives: COVID-19

State Announces $170M for Rental and Utility Assistance Assistance is for households experiencing financial hardship due to COVID-19 SANTA FE – The state of New Mexico will grant approximately $170M of federal aid to New Mexicans for rental and utility assistance to households experiencing financial hardship due to the COVID-19 outbreak. The Department of Finance […]

FEDERAL MORTGAGE DEADLINES: Loan Type Moratorium Expires Announced FHA June 30, 2021 Feb 16, 2021, Mortgagee Letter 2021-05 VA June 30, 2021 Feb 16, 2021, https://blogs.va.gov/VAntage/84744/va-extends-existing-moratoriums-evictions-foreclosures-extends-loan-forbearance-opportunities/ USDA June 30, 201 Feb 16, 2021, https://www.rd.usda.gov/coronavirus Fannie Mae June 30, 2021 Feb 26, 2021 LL 2021-02 https://singlefamily.fanniemae.com/media/24891/display Freddie Mac June 30, 2021 Feb 25, 2021 https://guide.freddiemac.com/app/guide/bulletin/2021-8 If […]

New Mexico Mortgage Finance Authority COVID-19 Housing Cost Assistance Program MFA will be accepting COVID housing assistance program applications starting tomorrow, March 4, 2021 at 8 a.m. More information about this program can be found here: http://www.housingnm.org/static/covid-assistance

FHA Extends its Foreclosure and Eviction Moratoria and Expands Temporary COVID-19 Forbearance and Servicing Polices to Provide Additional Homeowner Relief Recognizing the financial and other hardships many individuals and families are facing due to the ongoing COVID-19 pandemic, the Federal Housing Administration (FHA) is expanding its relief efforts to assist homeowners with FHA-insured mortgages. In […]

The IRS has started sending out the next round of stimulus payments. Each adult who makes less than $75,000 for an individual or $150,000 for a couple should receive $600 per person. The IRS states that you do not need to do anything to receive this payment. If you received an automatic deposit before, you […]

SOCIAL SECURITY’s 1.3% COLA FOR 2021 IMPACTS SEVERAL BENEFIT PROGRAMS Late last month the federal Social Security Administration announced a comparatively modest 1.3 % “Cost-of-Living-Adjustment” (COLA) increase in Social Security benefits for 2021.  As one measure of inflation, this COLA has clearly been impacted by the economic fallout of the COVID-19 pandemic. For Social Security […]

NM MFA Mortgage and Rental Assistance IMPORTANT UPDATE:  If a tenant applied for rental assistance in November but was denied because they could not provide a lease document or evidence of hardship, MFA SAYS:  APPLY AGAIN.   MFA has changed its document requirements and tenants no longer have to provide a written lease or evidence of […]

ALERT: Medicare Adopts Special Relief for Some Enrollment and Plan Choices; BUT WITH DEADLINES THIS MONTH. The federal Medicare agency (CMS) recently adopted two types of special relief to help people who wanted to make Part A and B enrollment choices, and/or switch Medicare Advantage Plans, since March, but didn’t do so. They were adopted […]

ALERT SOME PEOPLE CAN STILL REQUEST COVID-19 “STIMULUS” PAYMENTS THIS YEAR The federal government has been sending payments of $1,200 or more to millions of people over the past several weeks.  They are commonly referred to as “stimulus” payments, but the IRS – which issues them — calls them “Economic Impact Payments” (EIPs).  Most EIPs […]

5/6/2020 Opinion | What You Should Know Before You Need a Ventilator – The New York Times It breaks my heart that patients who will get sick enough to need them wonʼt know what desperate situations they face. By Kathryn Dreger Dr. Dreger is a doctor of internal medicine in Northern Virginia and a clinical […]