Topic
Foreclosure Moratorium
30 published works
Consumer Finance Monitor
VA Announces Temporary Variance Allowing Veterans to Pay Broker Commissions and Announces a Targeted Foreclosure Moratorium
Buyer-Broker Commissions In connection with its guaranteed home loan program, the Department of Veterans Affairs (VA) recently adopted a temporary local variance allowing veterans to pay the commission of the…
Consumer Finance Monitor
VA Urges Servicers to Implement Foreclosure Moratorium on VA Loans
The U.S. Department of Veterans Affairs (VA) recently issued Circular 26-23-25 in which VA “is strongly encouraging a foreclosure moratorium on all VA-guaranteed loans through May 31, 2024.” Additionally, VA…
Consumer Financial Services Law Monitor
Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter
By Ethan G. Ostroff, Elizabeth Briones, Ronald I. Raether, Jr., Dan Stillman, Jed Komisin, Alan D. Wingfield, Edgar Vargas
Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients through…
Indiana Commercial Foreclosure Law
FHFA EXTENDS COVID-19 FORECLOSURE AND REO EVICTION MORATORIUMS
FOR IMMEDIATE RELEASE6/24/2021Washington, D.C. – Today, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) are extending the moratoriums on single-family foreclosures and real…
A Lawyer's Blog
EVICTIONS AND FORECLOSURE MORATORIUM TO AUGUST 31
Not yet signed by the Governor, but here is the information from the NYS Senate:"BILL NUMBER: S6362ASPONSOR: KAVANAGH TITLE OF BILL:An act to amend chapter 381 of the laws of 2020…
Consumer Finance Monitor
CFPB issues Compliance Bulletin (2021-02) on supervision and enforcement priorities regarding housing insecurity
On April 1, 2021, the CFPB issued Compliance Bulletin 2021-02 (the “Bulletin”), warning mortgage servicers to “take all necessary steps now to prevent a wave of avoidable foreclosures this fall.” …
Bank Law Monitor
HB 2009 Moves to Floor Vote
On March 24, 2021, the Oregon House Committee on Banking and Labor voted to advance House Bill 2009 (HB 2009) to a floor vote. As detailed in our prior write-up…
Bank Law Monitor
Oregon Legislature Introduces New Foreclosure Moratorium Bill (HB 2009)
On February 9, 2021, the Oregon House introduced a second foreclosure moratorium bill related to COVID-19. Known as House Bill 2009 (HB 2009), the new legislation would extend Oregon’s now-expired…
The Massachusetts Real Estate Law Blog
President Biden Extends Federal Eviction and Foreclosure Moratorium Through March 31, 2021
Extension of Eviction and Foreclosure Moratorium Part of Flurry of Executive Orders Signed by Biden In First 48 Hours Of Presidency On January 20, 2021, President Joseph Biden signed an…
Ira J. Metrick's Law Blog
UPDATE: Federally Backed Loan Foreclosures, Evictions Extended Until 1/31/2021
January 2021 Update: Extension Of Federally Backed Loan Foreclosures And Evictions Until January 31, 2021 Federally Backed Loans, specifically, Fannie Mae, Freddie Mac, the VA, FHA, and USDA have extended…