March 13, 2021, marked the one-year anniversary of President Trump's declaring COVID-19 a national emergency. Through the CARES Act, agency action and guidance, and various state laws and executive orders, governments across...more
3/17/2021
/ Borrowers ,
CARES Act ,
Coronavirus/COVID-19 ,
Fannie Mae ,
Forbearance Agreements ,
Freddie Mac ,
Homeowners ,
HUD ,
Lenders ,
Loans ,
Mortgage Servicers ,
Mortgages ,
Relief Measures ,
TARP
For the second week in a row since the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law, the number of borrowers in COVID-19 related mortgage forbearance plans has decreased. As of June 9, 2020,...more
Even before the CARES Act was signed into law on March 27, 2020, mortgage servicers have been inundated with requests for COVID-19-related relief. Recognizing that these requests are straining servicers’ capacity to assist...more