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Deferrals are up but still haven't outpaced loan modifications in conservatorship-era foreclosure prevention, according to the Federal Housing Finance Agency.
March 27 -
The plaintiffs allege that the loan-mod errors in the case are different from the ones in two other proposed class-action lawsuits, which stem from a systems issue.
March 19 -
The accused, affiliated with Home Matters USA, reportedly took money from the victims and never delivered on the promised services.
February 15 -
The Federal Trade Commission became able to distribute more than $1.2 million after a legal battle in which a Supreme Court decision came into play.
January 11 -
The plan aims to cut monthly payments by roughly 25% for homeowners in government-backed mortgages who are negatively impacted by the pandemic.
July 23 -
The change makes it easier for borrowers exiting forbearance to get access to home retention options that might otherwise be out of reach due to skyrocketing home prices.
June 30 -
Ginnie Mae is allowing lenders to securitize modified home loans with this extended term as the Biden administration works to make more housing options available for struggling borrowers.
June 25 -
The complaint exemplifies the Department of Housing and Urban Development’s focus on “fair servicing” in addition to fair lending.
May 1 -
Though the government-sponsored enterprises have some of the lowest forbearance rates in the market, they expect to contend with a significant population of borrowers who face steep financial setbacks after the pandemic ends.
April 22 -
However, the share of new impairments increased, likely as a result of the high concentration of these loans given to self-employed borrowers.
February 3