Archives For: eviction
Various States Ease COVID-19 Consumer Protections
An update of state and federal actions for COVID-19 related moratoriums, including California, DC, Illinois, Maryland, New Jersey, New York, Ohio and Virginia.
7 Sep 2021
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
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
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
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
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
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
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 26-21-13: COVID-19 Home Retention Waterfall
The U.S. Department of Veterans Affairs (VA) issued a circular providing its waterfall of home retention options for helping borrowers affected financially by the COVID-19 pandemic. It also announced the COVID-19 Refund Modification (loan modification specific to borrowers needing payment reductions when exiting COVID-19 forbearance).
23 Jul 2021
USDA: New COVID-19 Special Relief Measures and Servicing Guidance
The U.S. Department of Agriculture (USDA) provided advance notice of technical Handbook 1-3555 updates. Included are new COVID-19 Special Relief Alternatives and clarification on existing policies.
23 Jul 2021