Archives For: 2021
Historic Winter Storms Cause Frozen and Burst Pipes in Southern U.S.
USA Today published an article outlining damage from severe winter storms that has left properties in Texas with frozen and burst water pipes.
25 Feb 2021
ATTOM: Total Number of Zombie Foreclosures Drops in First Quarter 2021
ATTOM Data Solutions issued its Q1 2021 Vacant Property and Zombie Foreclosure Report. According to its findings, 1.4 (1,449,253) million residential properties in the U.S. are currently vacant.
25 Feb 2021
HUD: FHA INFO #21-11: COVID-19 Loss Mitigation Policies Webinar
The U.S. Department of Housing and Urban Development (HUD) announced the availability of a pre-recorded webinar that discusses the various policies outlined in Mortgagee Letter (ML) 2021-05, Extensions of Single Family Foreclosure and Eviction Moratorium, Start Date of COVID-19 Initial Forbearance, and Home Equity Conversion Mortgage (HECM) Extension Period; Expansion of COVID-19 Loss Mitigation Options.`
23 Feb 2021
HUD: Texas Winter Storm Federal Disaster Assistance
The U.S. Department of Housing and Urban Development (HUD) announced the implementation of federal disaster assistance for the State of Texas to provide support to homeowners and homebuyers in areas affected by a severe winter storm.
22 Feb 2021
HUD: Extensions and Expansions of COVID-19 Homeowner Relief
The U.S. Department of Housing and Urban Development (HUD) announced that it has extended the time frame for homeowners to request the start of a COVID-19 forbearance from their mortgage servicer through June 30. This extension provides homeowners with additional time to request a forbearance from their mortgage servicer.
16 Feb 2021
VA: Circular 26-21-05: Extended COVID-19 Foreclosure and Eviction Relief
The U.S. Department of Veterans Affairs (VA) announced extended foreclosure and eviction relief on properties secured by VA-guaranteed loans, including those previously secured by VA-guaranteed loans but currently in VA’s Real Estate Owned (REO) portfolio.
16 Feb 2021
USDA: Foreclosure and Eviction Moratorium Extended
The U.S. Department of Agriculture (USDA) announced that its foreclosure and eviction moratorium has been extended through June 30, 2021.
16 Feb 2021
Winter Storm Uri Spawns Destructive Southern Tornadoes
The Weather Channel issued a report detailing destructive tornadic activity spawned by Winter Storm Uri, which continues to impact large portions of the U.S.
16 Feb 2021
HUD: Additional Key Staff Announcement
U.S. Department of Housing and Urban Development (HUD) Chief of Staff Jenn Jones announced the appointment of new key staff members.
16 Feb 2021
FHFA: 2021 Fannie Mae and Freddie Mac Scorecard
The Federal Housing Finance Agency (FHFA) released the 2021 Scorecard for Fannie Mae, Freddie Mac and Common Securitization Solutions.
16 Feb 2021