Foreclosure Moratorium Alert! Homeowners Scramble To Save Their Homes In A Booming Housing Market MFI-Miami has issued a foreclosure moratorium alert for homeowners facing possible foreclosure. The federal foreclosure moratorium on mortgage foreclosures ended July 31st. As a result, homeowners will now have to deal with overdue payments that were paused for more than a […]
Pandemic Housing Boom Is Officially Over As New Home Sale Plummet To Pre-Pandemic Lows The pandemic housing boom is officially over! The U.S. Census Bureau is stating sales of newly built homes dropped in June to the lowest level since the early days of the coronavirus pandemic in April 2020. Sales of new single family […]
Biden Extends Federal Foreclosure Moratorium For Final Time. No More Extensions After August 1st. The Biden administration has extended the federal foreclosure moratorium for another 30 days. The administration also stated that no further extensions would be give after August 1, 2021. The White House said the moratorium extension includes loans underwritten by the USDA, […]
Foreclosure Warning! Lenders To Resume Foreclosures On July 1st When Federal Foreclosure Moratorium Ends Foreclosure Warning! Homeowners in default on your mortgage better figure out a plan to save their home. The federal foreclosure moratorium is expiring July 1st. Lenders are lining up at courthouses across the US to file foreclosure documents. Lenders and the […]
The CFPB Wants To Postpone Foreclosures Until 2022. Can They? Mortgage Servicers Pledge To Fight Proposed Rule! The Consumer Financial Protection Bureau aka CFPB wants to postpone residential foreclosures until 2022. The agency released a proposed rule last week that would bar servicers from starting on foreclosures until 2022. The CFPB also proposed streamlined processes […]
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