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CARES Act

CFPB Spanks Carrington Mortgage

CFPB Spanks Carrington Mortgage For CARES Act Violations

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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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CFPB Spanks Carrington Mortgage For CARES Act Violations Read Post »

Mortgage Forbearances

Mortgage Forbearances Down 27 Basis Points

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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 Forbearances Down 27 Basis Points Read Post »

Mortgage Forbearance Alert

Mortgage Forbearance Alert: You Have Options As Mortgage Forbearance Ends

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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.

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

Florida COVID19

FLORIDA COVID19 UPDATE: Florida Creates $250M Assistance Fund

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FLORIDA COVID19 UPDATE: State To Tap $250 From CARES Act To Create Mortgage And Rental Assistance Fund The ongoing Florida COVID19 pandemic has forced the state of Florida to create a rental and mortgage assistance fund. The state will create the fund from $250 million the state received from the federal CARES Act.  Governor DeSantis

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FLORIDA COVID19 UPDATE: Florida Creates $250M Assistance Fund Read Post »

Mortgage Servicers Are Warned A 3rd Time To Adhere To The CARES Act

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The CFPB And Conference of State Bank Supervisors Warn Mortgage Servicers To Adhere To The CARES Act For The 3rd Time Government agencies have issued a third warning to mortgage servicers to adhere to the CARES Act. The CFPB and the Conference of State Bank Supervisors have sent their third warning to mortgage servicers. The

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Mortgage Servicers Are Warned A 3rd Time To Adhere To The CARES Act Read Post »

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