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Foreclosure

FHA Provides Relief to Hurricane-Affected Homeowners

An updated policy on default and foreclosure for FHA loans is aimed at helping struggling borrowers in Puerto Rico and the U.S. Virgin Island impacted by Hurricanes Irma and Maria. See what the FHA said to mortgage servicers and lenders about this policy.

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Natural Disasters Impacting Delinquency Rates

As the rest of the country experiences lower rates of loans in delinquency, certain areas of the country have felt the sting of recent natural disasters. See how California's wildfires may impact delinquency rates in the coming months.

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Before the Next Disaster Strikes

After 2017, a year of natural disasters that racked up nearly $306 billion dollars in total economic losses, organizations in the mortgage and housing industry are taking heed and proceeding into the 2018 disaster season and beyond with caution and ...

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Recapping the Repeal of Outdated Legislation

Stern & Eisenberg, a regional firm servicing New York, New Jersey, Pennsylvania, Delaware, West Virginia, Maryland, Virginia, North Carolina, South Carolina, Georgia, Tennessee, Alabama, and the District of Columbia. A recent decision from the Maryland Court Of Appeals overruled the ...

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Fannie Mae Reaches Out to Borrowers in Wildfire Zones

The numerous California communities hit hard by recent desolating—and spreading—wildfires can get at least a semblance of relief from Fannie Mae in the form of mortgage assistance, the GSE reminded borrowers in a statement. Under the GSE’s guidelines for single-family ...

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