Tag Archives: Foreclosure

With foreclosures now in flux due to COVID-19, the Consumer Financial Protection Bureau is reminding borrowers of the relief options available for them to avoid default.

In some of the hardest-hit states, including California and New York, city and county officials are placing restrictions on evictions and foreclosures.

Fannie Mae and Freddie Mac have now completed 4.407 million foreclosure prevention actions since starting conservatorship.

According to new data, despite the slight uptick, the South still leads in overall deliqnuency levels.

Servicing leaders discuss Governor Cuomo's response to New York's coronavirus crisis.

Miami, New York, Portland and San Jose are among the cities barring evictions and suspending foreclosures from moving forward as more people are isolated to contain the spread of the novel coronavirus.

A new study notes that inlight of recent events, homeowners may refinance into lower-monthly payments, further reducing delinquency risk.

Miami and San Jose, California have temporarily stopped all evictions, while other cities, including San Francisco and New York, are considering doing the same.

Click through to read more on the new bill that could help thousands of low-income homeowners remain in their home.

While the overall national delinquency rate has been shrinking, small and local economies are being left behind.