Mortgage lenders will soon be able to initiate foreclosure proceedings against homeowners who are 120 days behind on their mortgage payments.
Source: Inman News
Lenders granted some leeway to initiate foreclosures
Published in Center for Responsible Lending, Consumer Financial Protection Bureau, forbearance, foreclosure, Markets & Economy, Melissa Stegman, Mortgage, News Brief and Select
More from Center for Responsible LendingMore posts in Center for Responsible Lending »
- Mortgage trigger leads will be less crazy, but they ain’t going away
- Why super long mortgages won’t be a thing, and why that’s good news
- FairPlay lands $4.5M seed round to help lenders combat racial bias
- Lenders who rely on AI, algorithms could face new legal risks
- HUD unveils fair housing proposal, draws condemnation from housing advocates
More from Consumer Financial Protection BureauMore posts in Consumer Financial Protection Bureau »
- Welcome to the Senior Class: Downsizing with a home equity conversion mortgage
- There’s nobody in charge of looking out for waste, fraud and abuse at Fannie and Freddie’s regulator
- Embattled Fed Governor Lisa Cook says tariffs fueling inflation
- 2025 a banner year for mortgage deregulation and legislation
- What every real estate pro should know about kickback rules
More from forbearanceMore posts in forbearance »
- Mortgage assistance for Hawaii fire victims includes forbearance help
- Loan servicers’ pandemic-relief efforts ‘a major success story’
- Carrington grudgingly signs off on $5.25M COVID-19 relief settlement
- Mr. Cooper lays off originators while mortgage servicing business booms
- Home price growth ‘reaccelerates’ to set new February record
More from foreclosureMore posts in foreclosure »
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- Homebuilders’ rate buydowns are leaving buyers underwater: WSJ
- Falling home prices leave nearly 1 million Americans ‘underwater’
- $100M fraud ring busted, hundreds displaced by foreclosures
- Former agent convicted of swindling woman out of her home
More from Markets & EconomyMore posts in Markets & Economy »
- October brought the strongest buyer’s market in 12 years: Redfin
- Jason Oppenheim: Private listings could take real estate ‘back to the Dark Ages’
- Stop begging for deals: 9 real-world tips for negotiating concessions
- 5 reasons your plumber is quietly richer than you
- Fall has been ‘sneaky good’ for buyers, but the ‘warm-up is not guaranteed to last’
More from Melissa StegmanMore posts in Melissa Stegman »
More from MortgageMore posts in Mortgage »
More from News BriefMore posts in News Brief »
- October brought the strongest buyer’s market in 12 years: Redfin
- HUD shifts homeless policy away from providing permanent housing
- NAR scores a victory in buyer commission lawsuit
- Redfin site fluke exposed past users’ data on listing contact forms
- Brown Harris Stevens names Halstead heir as its chief strategy officer (EXCLUSIVE)
More from SelectMore posts in Select »
- Jason Oppenheim: Private listings could take real estate ‘back to the Dark Ages’
- Stop begging for deals: 9 real-world tips for negotiating concessions
- 5 reasons your plumber is quietly richer than you
- Here’s why SMART goals are dumb and STUPID goals work better
- NAR by the numbers: Dues flat, members ‘sticky,’ cost cuts ahead
Be First to Comment