Archives For: COVID-19
CFPB: Mortgage Servicing Changes to Prevent COVID-19 Foreclosures
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
CFPB: Compliance Bulletin Warns Mortgage Servicers
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
CFPB: Temporary Policy Statements Rescinded to Ensure Compliance
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
CDC Extends Eviction Moratorium Until June 30
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
Michael Greenbaum Featured on MBANow
A recent episode of MBANow featured a one-on-one discussion with Safeguard Properties Chief Operating Officer Michael Greenbaum, who offered insight into how technology and data collection has helped the company streamline processes and manage risk.
29 Mar 2021
FEMA Declared Disaster PBCI COVID-19 Pandemic
FEMA issued a Presidential Major Disaster Declaration for the Poarch Band of Creek Indians as a result of the Coronavirus Disease 2019 (COVID-19) pandemic beginning on January 20, 2020 and continuing.
28 Mar 2021
CFPB: Report Highlights More Than a Half-Million Complaints in 2020
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
ATTOM: U.S. Foreclosure Activity Sees Uptick in February 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
Senate Vote Confirms Marcia Fudge as HUD Secretary
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
CFPB: Housing Insecurity and the COVID-19 Pandemic
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