In February 2021, an unprecedented snap of winter weather covered much of Texas in snow, ice, and freezing temperatures. At a time when many loans already fall under the COVID moratorium, servicers should consider several limits of the FEMA Hold, which suggest it may not apply widely in Texas.
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The Limits of the “FEMA Hold” Moratorium
In February 2021, an unprecedented snap of winter weather covered much of Texas in snow, ice, and freezing temperatures. At a time when many loans already fall under the COVID moratorium, servicers should consider several limits of the FEMA Hold, which suggest it may not apply widely in Texas.
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