Loss Mitigation

Attorney T. Robert Finlay explains what mortgage lenders and servicers should know about TROs and Injunctions.

The Department has issued a new round of funding to protect children, families, and individuals from exposure to lead and other hazards in their homes.

In a string of bad-luck situations, multiple atmospheric rivers and “bomb cyclones” have hit the West Coast, causing mudslides, flash flooding, and hurricane-force winds. Here’s what a new report reveals.

The new proposed rule would require nonbank financial companies to register their use of contract terms and fine print that seek to waive or limit consumer rights and legal protections.

A recent case in Florida addressed alienation of a homestead property, which occurs when one spouse takes out a mortgage without the other spouse’s consent. An attorney from Legal League firm Diaz Anselmo & Associates examines the implications.

Nationwide legal services provider names Michael Gonzales a Member and Owner at the firm and promotes A. Drew Powers to the role of Managing Partner of the firm’s National Evictions Team.

However, November’s total of starts still trails highs seen in June 2022 and remain well below pre-pandemic levels.

The FHFA reports that Fannie Mae and Freddie Mac sold 155,034 non-performing loans with a total unpaid principal balance of $28.7 billion from the program’s inception in 2014 through June 30, 2022.

Two new Requests for Information from HUD mark the first time the Department has solicited comments on how to equitably distribute critical disaster recovery funds.

ACES Quality Management has released the findings of its latest Industry Trends Report for the second quarter of 2022, which found that the overall critical defect rate increased 6% compared to Q1 and crossed the 2% threshold for the third time in report history.