The foreclosure moratorium applies to all federally-back mortgage loans securing residential real property. These include mortgages and deeds of trust purchased by Fannie Mae and Freddie Mac, insured ...
Foreclosures cost a lot of money. A conservative estimate of the financial toll on the borrower, the creditor, the guarantor and the surrounding community shows a foreclosure can cost upwards of ...
Banks in the U.S. have been banned from foreclosing on homes since early 2020, due to the federal government’s efforts to assist homeowners feeling the financial pinch of the pandemic. The mortgage ...
In today’s climate of rising interest rates, stretched borrower balance sheets, and starkly uneven recovery across asset ...
The chairmen of the U.S. Senate's Banking and Veterans Affairs committees introduced a bill Thursday to help veterans at risk of losing their homes because of a COVID-assistance program that the VA ...
Ten days ahead of the latest expiration date, the Department of Housing and Urban Development announced that the Federal Housing Administration is providing a two-month extension of its foreclosure ...
Theresa Battle’s first thought each morning is whether today is the day she’ll lose her two-story house in Jamaica, Queens, to foreclosure. “Every day when I get up, I’m afraid of what’s going to ...
WASHINGTON — President Joe Biden is extending the foreclosure moratorium and mortgage forbearance through the end of June as part of his efforts to address the economic impact of the coronavirus ...
The Federal Housing Finance Agency (FHFA) announced February 9, 2021, the extension of the Fannie Mae and Freddie Mac moratorium on single family foreclosures from February 28, 2021, to March 31, 2021 ...
Good morning. I’m L.A. Times Business reporter Andrew Khouri, filling in for Rachel Schnalzer to bring you our weekly newsletter. Here’s a bit of relief for people struggling with their mortgage ...
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