...and foreclosures, O’Connell said. Some disaster areas may not be accessible by human staff for a few days, so drones may help with damage assessments. Lessons From a Pandemic Though...

...provide borrowers with a special pre-foreclosure review window that would push foreclosure starts out to the end of the year. They would also allow servicers to offer borrowers suffering from...

...higher risk of foreclosure, something the Consumer Financial Protection Bureau doesn’t want to see. Servicers need to communicate effectively to guide borrowers out of forbearance and back on track with...

...prevent foreclosure for homeowners experiencing financial hardship as a result of COVID-19,” said Alanna McCargo, HUD Senior Advisor to Secretary Marcia L. Fudge. “The challenges of the last year require...

...before December 31, 2021. Servicers will still be able to make a notice or filing for foreclosure on abandoned properties and those that had a foreclosure referral prior to March...

...for federal servicing regulations to reinforce the ongoing economic recovery as the federal foreclosure moratoria are phased out, protecting mortgage borrowers from unwelcome surprises as they exit forbearance plans. “An...

The Center for Disease Control (CDC) and the Biden administration, as well as the Federal Housing Financial Administration (FHFA) last week extended moratoria on evictions and foreclosures put in place...

...four months or more behind on their mortgages, marking the point at which a foreclosure may be initiated. Once the federal foreclosure moratoria lift, these homeowners are at risk of...

...these government-sponsored enterprises through foreclosure or deed-in-lieu of foreclosure transactions. FHFA's notice came on the heels of the CDC announcing what it says will be the final one-month extension of...

...same report: Foreclosure inventory hit yet another new record low as both moratoria and borrower forbearance plan participation continue to limit activity, keeping foreclosure starts near record lows as well....