Archives For: COVID-19
New York Issues Temporary Ban on Evictions
The state of New York issued a temporary ban on evictions and foreclosures that will continue through January 15, 2022.
2 Sep 2021
Boston Issues Eviction Moratorium, Citing COVID-19
Boston declared a moratorium on evictions in the city on Tuesday and is working to set up a $5 million fund to prevent foreclosures.
1 Sep 2021
Memphis Tennessee Utilizes Emergency Rental Assistance Program
Memphis Judges extend cases in order to allow Memphis Area Legal Services attorneys to help tenants start applications for rental aid.
1 Sep 2021
A Congressional Call to Strengthen Foreclosure Protections
DS News published an article outlining recent actions made by Rep. Maxine Waters, Chairwoman of the House Financial Services Committee, urging regulators to strengthen foreclosure and mortgage servicing protections to prevent unnecessary foreclosures during the COIVD-19 pandemic.
6 Aug 2021
HUD: FHA INFO #21-66: Waivers for COVID-19 Recovery Options
The Federal Housing Administration (FHA) issued partial waivers addressing a mortgagee’s timeframes and borrower eligibility for a required review or re-review for the COVID-19 Advance Loan Modification and COVID-19 Recovery Loss Mitigation Options.
5 Aug 2021
CDC Issues Eviction Order in Areas of Substantial and High Transmission
The Centers for Disease Control and Prevention (CDC) issued an order setting new limits on evictions for payment of rent or mortgage for U.S. counties experiencing high levels of SARS-CoV-2 (the virus that causes COVID-19). The order will expire on October 3.
3 Aug 2021
HUD: Federal Housing Administration Extends Single Family Eviction Moratorium
The Federal Housing Administration (FHA) announced an extension of its moratorium on evictions for foreclosed borrowers and their occupants through September 30, 2021, and noted the expiration of the foreclosure moratorium on July 31, 2021.
30 Jul 2021
USDA: Extension of a COVID-19 Foreclosure Related Eviction Moratorium
The U.S. Department of Agriculture (USDA) announced an extension of its moratorium on evictions through September 30, 2021, for Single Family Housing Guaranteed Loan Program borrowers. The foreclosure moratorium remains unchanged and will expire on July 31, 2021.
30 Jul 2021
VA: Circular 26-21-14: Eviction Relief for Borrowers Affected by COVID-19
The U.S. Department of Veterans Affairs (VA) announced that through September 30, 2021, foreclosure-related evictions are not to be initiated or completed on properties previously secured by VA-guaranteed loans (including properties in the VA’s Real Estate Owned portfolio). This moratorium does not apply to vacant or abandoned properties.
30 Jul 2021
Safeguard Outlines Key Areas for Protecting and Preserving Properties
The latest Five Star Institute Property Preservation Executive Forum newsletter featured an article from Safeguard Properties offering insight into three key areas of business mortgage field servicers providers should focus on to ensure that mortgage servicer portfolios remain secure and protected.
30 Jul 2021