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 […]
FHFA Foreclosure Moratoriums Extended Until January 31st For All Fannie Mae And Freddie Mac Loans The Federal Housing Finance Agency announced today that FHFA foreclosure moratoriums initiated in April are being extended until Jan. 31. This marks the fourth time FHFA has extended the moratorium. It extends the latest extension deadline of December 31st. FHFA director […]
The 60-Day Trump Foreclosure Moratorium Does Not Apply To All Mortgages. Non-GSE Loans And Non-FHA Loans Not Part Of The Moratorium The 60-Day Trump Foreclosure Moratorium that President Trump announced Wednesday applies to most but not all mortgages. President Trump announced HUD is suspending all foreclosures and evictions for 60 days. The HUD foreclosure and eviction […]
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