Archives For: Industry Update
CFPB: Federal Servicing Regulation Amendments Issued
The Consumer Financial Protection Bureau (CFPB) finalized amendments to federal mortgage servicing regulations to reinforce the ongoing economic recovery as the federal foreclosure moratoria are phased out.
28 Jun 2021
Biden Nominates Two for Top HUD Roles
DS News published an article providing an overview of HUD leadership role nominees from President Joe Biden.
28 Jun 2021
Biden Allocates $1B to Prepare for Hurricane, Wildfire Season
Florida Phoenix provided coverage of an announcement from President Joe Biden confirming that $1 billion will be directed to the Building Resilient Infrastructure and Communities program to help states prepare for natural disasters.
24 May 2021
California Wildfire Season Already Off to a Fast Start
The Weather Channel published an article outlining accelerated wildfire activity in California that has burned more than 20 square miles since January 1.
6 May 2021
Federal Judge Overturns Centers for Disease Control Eviction Ban
On May 5, HousingWire published an article outlining a decision by a federal judge to overturn the current CDC national eviction moratorium. According to the ruling, the agency does not have the legal authority to impose a nationwide eviction moratorium.
5 May 2021
What is Motivating Distressed-Property Investors?
DS News published an article highlighting findings from Auction.com’s Q1 2021 Buyer Insights Report. According to the report, a number of investors who purchased foreclosed homes during this period rehabbed the properties and sold them back to occupants, which in turn prevented eviction.
5 May 2021
CFPB: Rule Supports CDC COVID-19 Eviction Moratorium
CFPB Acting Director Dave Uejio and FTC Acting Chairwoman Rebecca Kelly Slaughter sent notification letters to the nation’s largest apartment landlords reminding them of federal protections in place to keep tenants in their homes and stop the spread of COVID-19.
3 May 2021
Florida Circuit Courts Ordered to Move Pending Foreclosure Cases
DS News published an article authored by McCalla Raymer Leibert Pierce Managing Partner Jane Bond. In it, Bond discusses Amendment 10 of the Comprehensive COVID-19 Emergency Measures for Florida Trial Courts, which was recently issued by the Florida Supreme Court. The amendment mandates that most foreclosure cases will now either be considered a streamlined case or general civil case.
12 Apr 2021
Urban Institute: Streamlined Home Refinancing Program Potential Benefits
The Urban Institute published a blog post reflecting on the success of the Home Affordable Refinance Program (HARP) and exploring how the introduction of a similar program could help borrowers today.
8 Apr 2021
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