Archives For: Industry Updates
The Consumer Financial Protection Bureau (CFPB) announced that it is rescinding seven policy statements issued in 2020 that provided temporary flexibilities to financial institutions in consumer financial markets, including mortgages. The rescissions will become on effective April 1, 2021,
31 Mar 2021
West Virginia Senate Bill 42 was approved by Governor Jim Justice and is scheduled to take effect on June 16, 2021.
29 Mar 2021
CNN issued a report detailing the CDC’s decision to extend its federal moratorium on eviction for non-payment of rent until June 30, 2021.
29 Mar 2021
The Consumer Financial Protection Bureau (CFPB) issued its Consumer Response Annual Report for 2020. The report reflects issues consumers reported to the bureau throughout the year as influenced by numerous factors, including changing market conditions.
24 Mar 2021
NY A6519 was introduced in the The New York State Senate. The bill would prohibit the use of plywood, wood composite, wood veneer or similar wood-based products to secure any real property that is deemed vacant and abandoned.
19 Mar 2021
CNN recently published a report offering a detailed look at the increasing threat for flooding across the country and the associated risk of financial loss for affected homeowners.
16 Mar 2021
ATTOM Data Solutions released its February 2021 U.S. Foreclosure Market Report. The report shows that there were a total of 11,281 U.S. properties with foreclosure filings (default notices, scheduled auctions or bank repossessions).
11 Mar 2021
The U.S. Department of Housing and Urban Development (HUD) announced that Marcia L. Fudge has been sworn in as the eighteenth department secretary.
10 Mar 2021
The Consumer Financial Protection Bureau (CFPB) issued a report summarizing some of the relevant data and research associated with the impact of the COVID-19 pandemic on the rental and mortgage market. Specifically, it outlines the risk of widespread evictions and foreclosures once federal, state and local pandemic protections come to an end.
1 Mar 2021
CNBC published an article outlining a recent ruling by a Texas federal judge that has designated the current national eviction ban as being unconstitutional.
26 Feb 2021