Archives For: May 2021
HUD: FHA INFO #21-28: COVID-19 Loss Mitigation Option Review
The U.S. Department of Housing and Urban Development (HUD) issued a release providing clarification on when it is appropriate to begin reviewing borrowers for COVID-19 loss mitigation options.
7 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
FEMA Declared Disaster Oregon Winter Storm
FEMA issued a Presidential Major Disaster Declaration for areas in Oregon affected by a winter storm that took place February 11-15, 2021.
4 May 2021