Foreclosures

California Attorney General Xavier Becerra sent a letter to 33 mortgage servicing entities warning them that his office is monitoring their activities in regard to the state’s Homeowner Bill of Rights. He warned he will not hesitate to enact investigative and enforcement actions if they fail to “commit adequate resources to meet their legal obligations … The post California AG …

California Attorney General Xavier Becerra sent a letter to 33 mortgage servicing entities warning them that his office is monitoring their activities in regard to the state’s Homeowner Bill of Rights. He warned he will not hesitate to enact investigative and enforcement actions if they fail to “commit adequate resources to meet their legal obligations … The post California AG …

However, State Rep. Ana Eskamani said, “We need a plan to ensure housing security for all, during and after the COVID-19 pandemic.” The post Gov. DeSantis Extends Foreclosure Moratorium in Sunshine State appeared first on DSNews.

The New York legislature has passed a bill that will require lenders to notify the state’s Department of Financial Services (DFS) and mortgagors of impending foreclosure actions against homeowners with reverse mortgages. The post New York Legislature Passes HECM Foreclosure Legislation appeared first on DSNews.

The latest survey found certain segments of the market are falling behind, and a growing share of borrowers are concerned about falling into foreclosure. The post More Americans Struggling to Make Full House Payments appeared first on DSNews.

Data from prior reports found early one in four loans on the island faltered. Click through to read more. The post Foreclosures From Reverse Mortgages Surging in Puerto Rico appeared first on DSNews.

Foreclosure starts and sales were down at the start of the year for loans backed by the GSEs. The post Forbearances Up For Fannie Mae, Freddie Mac appeared first on DSNews.

A study from the Office of the Comptroller of the Currency, however, notes that the share of delinquent loans is falling on an annual basis. The post New Foreclosures Rose 3.5% From Prior Quarter appeared first on DSNews.