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Tag Archives: Foreclosures

The Limits of the ‘FEMA Hold’ Moratorium

blizzard

In February 2021, an unprecedented snap of winter weather covered much of Texas in snow, ice, and freezing temperatures. Servicers should consider several limits of the FEMA Hold, which suggest it may not apply widely in Texas.

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Working to Prevent HECM Foreclosures

The New York legislature has passed a bill that will require lenders to notify the state’s Department of Financial Services (DFS) and mortgagors of impending foreclosure actions against homeowners with reverse mortgages.

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