The Mortgage Bankers Association and nearly two dozen other industry trade groups sent a letter this week to California legislators, strongly opposing as “fundamentally flawed” and “disruptive” a broad-brush bill aimed at assisting state residents experiencing financial difficulties amid the coronavirus pandemic.
Tag: Foreclosure/Eviction Moratorium
‘Zombie’ Property Stats Hold Steady Amid Foreclosure Moratorium
ATTOM Data Solutions, Irvine, Calif., said the percentage of “zombie” properties—vacant properties facing foreclosure—held steady in the second quarter as nationwide moratoria on foreclosures kept activity to a minimum.
FHFA, FHA Extend Foreclosure/Eviction Moratorium to June 30
The Federal Housing Finance Agency said yesterday it would extend its moratorium for Fannie Mae- and Freddie Mac-based single-family mortgages until at least June 30.