Archives For: COVID-19
Texas Judge Finds National Eviction Ban Unconstitutional
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
Freddie Mac: Guide Bulletin 2021-08: Temporary Servicing Guidance
Freddie Mac announced an extension of the COVID-19 foreclosure moratorium, expansion of the COVID‑19 forbearance plans, expansion of the COVID-19 payment deferral and clarification regarding Freddie Mac Flex Modification® eligibility for borrowers with a COVID-19 hardship.
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
VA: VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) issued a release containing information regarding upcoming system maintenance and recently announced COVID-19 policy guidance.
23 Feb 2021
Resource: Eviction, Mortgage and Foreclosure Relief During COVID-19
Justia has created an online resource featuring a comprehensive state-by-state review of COVID-19 eviction and foreclosure protections as well as a summary of associated federal actions.
19 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
Freddie Mac: FHLMC Guide Bulletin 2021-06: Temporary Servicing Guidance
Freddie Mac announced an extension of the COVID-19 foreclosure moratorium and temporary updates to forbearance plans for borrowers with a COVID-19 hardship and to the COVID-19 Payment Deferral.
10 Feb 2021