A New Mortgage Rule Aims to Speed Modifications and Slow Foreclosures

New York Times, June 28, 2021–Stacy Cowley
Pete Mills, the senior vice president of residential policy for the Mortgage Bankers Association, said the agency’s rule was generally reasonable and incorporated changes the industry had sought, such as the exception allowing foreclosures on abandoned properties to proceed.
https://www.nytimes.com/2021/06/28/business/foreclosure-moratorium-new-rules.html