#forbearance

Maui nonprofits, Hawaiʻi Community Lending and Lahaina Community Land Trust, joined with the Hawaiʻi Department of Commerce and Consumer Affairs’ Division Financial Institutions to announce a partnership to help Lahaina owner-occupant homeowners prevent foreclosure and support rebuilding efforts.

The Federal Housing Administration has extended current foreclosure protections for borrowers in Maui County to assist those impacted by the August wildfires. Under the protection, mortgage servicers will be prohibited from initiating or completing foreclosure actions through May 6, 2024.