The Consumer Financial Protection Bureau (“CFPB”) announced post-COVID-19 mortgage servicing rules that went into effect August 31, 2021 (“Rules”). The Rules are designed to protect borrowers from “avoidable foreclosures” and...more
10/5/2021
/ CARES Act ,
Consumer Financial Protection Bureau (CFPB) ,
Coronavirus/COVID-19 ,
Fair Housing Act (FHA) ,
Fannie Mae ,
Forbearance Agreements ,
Foreclosure ,
Freddie Mac ,
Loan Modifications ,
Loss Mitigation ,
Moratorium ,
Mortgage Servicers ,
Mortgage Servicing Rules ,
VA Loans
On March 6, 2020, the State of Utah declared a state of emergency due to the COVID-19 crisis. Noting that the COVID-19 pandemic has directly caused some Utah residents to lose income and become unable to pay rent, Governor...more