Archives For: mortgage servicing
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
Supreme Court Allows Evictions to Resume During Pandemic
The Supreme Court is allowing evictions to resume across the United States. The unsigned opinion indicated that the Centers for Disease Control and Prevention lacked the authority under Federal law.
26 Aug 2021
Federal Judge Rejects Effort to Block Eviction Moratorium
The Hill published an article discussing a Washington, D.C., federal judge’s rejection of a landlord group’s request to block the Biden administration’s renewed eviction moratorium.
13 Aug 2021
Supreme Court Blocks Part of New York’s Eviction Moratorium
The Hill published an article outlining a Supreme Court decision temporarily blocking part of an eviction moratorium put in place by New York state amid the COVID-19 pandemic.
12 Aug 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
Court Finds Foreclosure Filing Fee Unconstitutional
DS News published an article authored by Anselmo Lindberg & Associates LLC Attorney Christopher S. Iaria. In it, Iaria explores a recent ruling by the Illinois Supreme Court that found a foreclosure filing fee to be in violation of free access, equal protection, due process and uniformity clauses.
5 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
Safeguard Outlines Key Areas for Protecting and Preserving Properties
The latest Five Star Institute Property Preservation Executive Forum newsletter featured an article from Safeguard Properties offering insight into three key areas of business mortgage field servicers providers should focus on to ensure that mortgage servicer portfolios remain secure and protected.
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