Archives For: Industry Updates
DS News published an article highlighting findings from Auction.com’s Q1 2021 Buyer Insights Report. According to the report, a number of investors who purchased foreclosed homes during this period rehabbed the properties and sold them back to occupants, which in turn prevented eviction.
5 May 2021
CFPB Acting Director Dave Uejio and FTC Acting Chairwoman Rebecca Kelly Slaughter sent notification letters to the nation’s largest apartment landlords reminding them of federal protections in place to keep tenants in their homes and stop the spread of COVID-19.
3 May 2021
Florida House Bill 1393 died in the Insurance & Banking Subcommittee.
30 Apr 2021
CT HB 6593 would prevent mortgage servicers (and their agents) from securing, preserving or protecting residential properties without the permission of the owner/occupant or a court order, regardless of the terms of the mortgage agreement.
26 Apr 2021
The U.S. Department of Housing and Urban Development (HUD) announced updates to the Servicing and Loss Mitigation section (Section III) of Single Family Housing Policy Handbook 4000.1.
19 Apr 2021
The U.S. Department of Housing and Urban Development (HUD) announced the obligation of $8.2 billion in Community Development Block Grant Mitigation funds for Puerto Rico, along with the removal of onerous restrictions unique to Puerto Rico that limited the island’s access to recovery funds that were allocated following Hurricane Maria in September 2017.
19 Apr 2021
DS News published an article authored by McCalla Raymer Leibert Pierce Managing Partner Jane Bond. In it, Bond discusses Amendment 10 of the Comprehensive COVID-19 Emergency Measures for Florida Trial Courts, which was recently issued by the Florida Supreme Court. The amendment mandates that most foreclosure cases will now either be considered a streamlined case or general civil case.
12 Apr 2021
The Urban Institute published a blog post reflecting on the success of the Home Affordable Refinance Program (HARP) and exploring how the introduction of a similar program could help borrowers today.
8 Apr 2021
The Consumer Financial Protection Bureau (CFPB) proposed a set of rule changes intended to help prevent avoidable foreclosures as emergency federal foreclosure protections expire.
5 Apr 2021
The Consumer Financial Protection Bureau (CFPB) issued a bulletin warning mortgage servicers to take all necessary steps now to prevent a wave of avoidable foreclosures later this year.
1 Apr 2021