Since the beginning of the year and the change in Presidential administrations, a number of relief measures granted in response to the COVID-19 pandemic have been extended. Below are updates regarding relief measures in place...more
2/10/2021
/ CARES Act ,
Centers for Disease Control and Prevention (CDC) ,
Consolidated Appropriations Act (CAA) ,
Consumer Financial Protection Act (CFPA) ,
Consumer Financial Protection Bureau (CFPB) ,
Coronavirus/COVID-19 ,
Debt Collection ,
Fair Housing Act (FHA) ,
Fannie Mae ,
FDCPA ,
FHFA ,
Foreclosure ,
Freddie Mac ,
HUD ,
Mortgages ,
Popular ,
Relief Measures ,
Student Loans
Alert October 23, 2020 Due to the economic impacts of COVID-19, many states have issued moratoriums on foreclosures and evictions. Some of those moratoriums have expired. However, even if a lender is now able to obtain a...more
10/23/2020
/ Administrative Orders ,
Borrowers ,
California ,
Centers for Disease Control and Prevention (CDC) ,
Coronavirus/COVID-19 ,
Delinquent Borrowers ,
Emergency Orders ,
Eviction ,
Executive Orders ,
Florida ,
Foreclosure ,
Hardship Extensions ,
Lenders ,
Moratorium ,
Mortgage Lenders ,
New York ,
Residential Property Owners ,
State and Local Government ,
Texas
On July 21, Massachusetts Governor Charlie Baker extended the moratorium on evictions and foreclosures in Massachusetts (which was set to expire on August 18, 2020) by 60 days to October 17, 2020, due to the ongoing...more
7/22/2020
/ Coronavirus/COVID-19 ,
Eviction ,
Federal Loans ,
Forbearance Agreements ,
Foreclosure ,
Governor Baker ,
Landlords ,
Moratorium ,
Mortgages ,
Proposed Legislation ,
Relief Measures ,
Servicemembers’ Civil Relief Act ,
State and Local Government ,
State of Emergency ,
Tenants ,
Time Extensions
Three federal agencies who make, guarantee, and insure mortgage loans, the Department of Housing and Urban Development (HUD)’s Federal Housing Administration (FHA), the Department of Veterans Affairs (VA), and the Department...more
6/26/2020
/ Borrowers ,
Delinquent Borrowers ,
Eviction ,
Fair Housing Act (FHA) ,
Fannie Mae ,
Foreclosure ,
Freddie Mac ,
HUD ,
Moratorium ,
Mortgage Lenders ,
Mortgage Servicers ,
Mortgages ,
Public Health Emergency ,
Rural Development ,
USDA ,
Veterans Administration
Today, (June 17, 2020) the FHFA announced that Fannie Mae and Freddie Mac will extend their single-family moratorium on foreclosures and foreclosure related evictions until at least August 31, 2020. The current moratorium was...more
On April 17, 2020, Massachusetts Attorney General Maura Healey promulgated emergency regulation 940 CMR 35.00 to address “unfair and deceptive debt collection practices during the state of emergency caused by COVID-19.” The...more
On Monday, March 16, 2020, Boston Mayor Martin J. Walsh announced that all active construction sites in Boston are halted. The Mayor told companies to maintain skeletal crews to make sure sites remain “safe and secure” and...more