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...industry best practices,” said Malloy Evans, Senior Vice President and Single-Family Chief Credit Officer for Fannie Mae. “While mortgage servicers always play an essential role in preventing foreclosures and providing...
Read More »Home / Search Results for: foreclosures (page 32)
Search Results for: foreclosures
CFPB Proposes Extending Mandatory Compliance Date for QM Loans
...private sector have, so far, prevented a devastating number of foreclosures during the height of the public health crisis. However, according to CFBP, as legal protections expire in the months...
Read More »HOAs vs. Mortgage Lenders
...free and clear of the senior mortgage. In response, the Federal Housing Finance Agency (FHFA) categorically withheld consent for all HOA lien foreclosures, contravening the Nevada Supreme Court’s ruling in...
Read More »Servicers Brace for Forbearance Challenges
...of foreclosures, forbearance issues, loan modifications, and uncertainty brought about in its aftermath. Actions taken by the government to offset record delinquencies have been beneficial to U.S. homeowners, but as...
Read More »Millions of Families Could Face Housing Insecurity in 2021
...the impacts of the COVID-19 pandemic on housing. Bureau administrators say actions taken by both the public and private sector have, so far, prevented a devastating number of foreclosures during...
Read More »How Many Mortgage Holders Are Still Utilizing Forbearance?
...RealtyTrac Rick Sharga wrote in a February DS News feature, "The million-dollar questions that everyone in the industry is asking right now are: 'What are foreclosures going to look like...
Read More »Market Still at Risk of Future ‘Zombie’ Property Wave
...said Todd Teta, Chief Product Officer with ATTOM. “The trend does remain on thin ice because foreclosures are temporarily on hold, and the market is still at risk of another...
Read More »FHFA Extensions Will Align COVID-19 Mortgage Relief Policies
...period. The extend moratoriums on single-family foreclosures and real estate-owned (REO) evictions applies to GSE-backed, single-family mortgages only. The REO eviction moratorium applies to properties that have been acquired by...
Read More »Roughly 2.1 Million Homeowners Remain 90+ Days Overdue
...relief' to homeowners during a national health crisis, President Joe Biden extended the national moratorium on home foreclosures for federally-backed mortgages through the end of June 2021. It was previously...
Read More »HUD Announces Disaster Assistance for Texas’ Winter Storm Victims
...impacted households living in these counties, according to HUD: Provision of immediate foreclosure relief—HUD’s automatic 90-day moratorium on foreclosures of Federal Housing Administration (FHA)-insured home mortgages commenced for the Texas...
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