On June 27, 2022, the Office of the Comptroller of the Currency (OCC) released its First Quarter 2022 Mortgage Metrics Report on the status of first-lien home mortgages held by seven national banks with large servicing...more
The Mortgage Bankers Association’s (“MBA”) First Quarter 2022 National Delinquency Survey revealed that the delinquency rate for mortgage loans on 1–4-unit residential properties decreased to 4.11% of all loans outstanding at...more
Two federal enterprises who purchase and securitize mortgages, Fannie Mae and Freddie Mac, along with three federal agencies who make, guarantee, and insure mortgage loans, the Department of Housing and Urban Development...more
8/31/2020
/ CARES Act ,
Coronavirus/COVID-19 ,
Department of Veterans Affairs ,
Executive Orders ,
Fannie Mae ,
Federal Housing Administration (FHA) ,
FHA Loans ,
Foreclosure ,
Freddie Mac ,
HUD ,
Loan Servicer ,
Loan Servicing ,
Moratorium ,
Mortgages ,
Relief Measures ,
State and Local Government ,
Time Extensions ,
USDA ,
Vacant Properties
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
Under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, PL 116-136, enacted March 27, 2020, a federally backed mortgage loan was subject to a foreclosure moratorium from March 18, 2020, through May 17, 2020....more
5/27/2020
/ Abandoned Property ,
CARES Act ,
Coronavirus/COVID-19 ,
Department of Agriculture ,
Department of Veterans Affairs ,
Eviction ,
Fannie Mae ,
Federal Housing Administration (FHA) ,
FHFA ,
Foreclosure ,
Freddie Mac ,
Government-Backed Loans ,
Loan Servicer ,
Loan Servicing ,
Moratorium ,
Mortgages ,
New Guidance ,
Relief Measures ,
Time Extensions ,
Vacant Properties