CARES Act Archives

CFPB Spanks Carrington Mortgage For CARES Act Violations

Muad'Dib / 11/19/2022

CFPB Spanks Carrington Mortgage With A $5.25 Million Fime For Cheating Homeowners Of Their Rights Under The CARES Act CFPB spanks Carrington Mortgage Services with a $5.25 million fine! Yep, you heard that right. The CFPB claimed Carrington Mortgage committed improper practices related to forbearance plans during the Covid-19 pandemic. CFPB’s director Rohit Chopra said […]

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Mortgage Forbearances Down 27 Basis Points

Muad'Dib / 10/12/2021

Mortgage Bankers Say Mortgage Forbearance Decreased To 2.62%. Ginnie Mae’s Portfolio Finally Below 3% The Mortgage Bankers Association is saying mortgage forbearances are down .27%. They also stated that forbearance portfolio volume declined at the fastest rate in a year. This is in part to mortgage holders exit COVID-19 plans. Exits are expected to pick up

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Mortgage Forbearance Alert: You Have Options As Mortgage Forbearance Ends

Muad'Dib / 09/17/2021

MORTGAGE FORBEARANCE ALERT! Don’t Be Caught Facing Foreclosure. You Have Options! MORTGAGE FORBEARANCE ALERT! Some homeowners will soon come to the end of their 18-month mortgage forbearance period. As a result, borrowers affected by the pandemic will have to figure out how to repay their back payments. Fortunately, most loan servicers don’t want to foreclose.

Mortgage Forbearance Alert: You Have Options As Mortgage Forbearance Ends Read Post »

Foreclosure Moratorium Alert! Homeowners Scramble To Find Help

Muad'Dib / 09/02/2021

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

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Mortgage Industry Says Foreclosures Will Skyrocket In August

Muad'Dib / 07/07/2020

Mortgage Industry Warns Foreclosures Will Skyrocket In August If COVID-19 Relief Is Stopped The mortgage industry has been sounding the alarm bells in Washington for several months about extending COVID-19 relief. Now, the Federal Reserve Bank of Atlanta has also joined the orchestra of alarm bells. The industry is warning that this time the flood

CARES Act, CARES Act Extension, COVID-19, COVID-19 benefits, COVID-19 foreclosures, COVID-19 Pandemic, COVID-19 relief, Federal Reserve Bank of Atlanta, mortgage forbearance

Mortgage Industry Says Foreclosures Will Skyrocket In August Read Post »

CARES Act

CFPB Spanks Carrington Mortgage For CARES Act Violations

Mortgage Forbearances Down 27 Basis Points

Mortgage Forbearance Alert: You Have Options As Mortgage Forbearance Ends

Foreclosure Moratorium Alert! Homeowners Scramble To Find Help

Mortgage Industry Says Foreclosures Will Skyrocket In August

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