Archives For: foreclosure moratorium
Foreclosure filings increased in the fourth month following the July 31 expiration of the pandemic related moratorium. ATTOM says those filings were up 5.0 percent in October compared to September with 20,587 properties the subject of a default notice, scheduled auction, or actual bank repossession.
12 Nov 2021
As the COVID-19 related foreclosure moratoriums wind to a close and mortgage servicers brace for a potential wave of defaults, the Consumer Financial Protection Bureau (CFPB) has announced that it will be fully enforcing the foreclosure protections put in place in the wake of the Great Recession of 2008.
11 Nov 2021
Q3 2021 U.S. Foreclosure Activity Begins to See Significant Increases as Foreclosure Moratorium is Lifted
ATTOM, licensor of the nation’s most comprehensive foreclosure data and parent company to RealtyTrac, the largest online marketplace for foreclosure and distressed properties, released its Q3 2021 U.S. Foreclosure Market Report, which shows there were a total of 45,517 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — up 34 percent from the previous quarter and 68 percent from a year ago.
13 Oct 2021
HUD: FHA INFO #18-34: Revised Loss Mitigation Options and Final 30-day Disaster Foreclosure Moratorium Extension for Puerto Rico and the U.S. Virgin Islands
The U.S. Department of Housing and Urban Development (HUD) issued single-family housing news and updates in FHA INFO #18-34.
16 Aug 2018
The U.S. Department of Agriculture (USDA) issued an update announcing the extension of moratoriums on property foreclosures in the Presidentially Declared Disaster areas impacted by Hurricane Maria.
8 Mar 2018
The U.S. Department of Agriculture (USDA) issued an update announcing the extension of moratoriums on property foreclosures in the Presidentially Declared Disaster areas impacted by Hurricanes Harvey, Irma and Maria.
24 Oct 2017
The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing the extension of the Federal Housing Administration’s (FHA) initial 90-day foreclosure moratorium for FHA-insured homeowners impacted by Hurricanes Harvey, Irma and Maria.
23 Oct 2017
On April 29, the U.S. Department of Housing and Urban Development (HUD) issued a release titled HUD Secretary Announces Disaster Assistance for Arkansas Storm Victims.
1 May 2014