FHFA: Third Quarter 2021 Foreclosure Prevention and Refinance Report Released
More than 6.2 million homeowners helped since conservatorship The Federal Housing Finance Agency (FHFA) today released its third quarter 2021 Foreclosure Prevention and Refinance Report. The report shows that Fannie Mae and Freddie Mac (the Enterprises) completed 180,566 foreclosure prevention actions during the quarter, raising the total number of homeowners who have been helped to 6,210,485…
HUD: Disaster Assistance Announced for Kentucky Disaster Survivors
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for areas in the Commonwealth of Kentucky affected by severe storms, straight-line winds, flooding, and tornadoes beginning on December 10, 2021, and continuing. On December 12, President Biden issued a major disaster declaration for the counties of Caldwell, Fulton, Graves,…
CFPB: Action Taken to Prevent Avoidable Foreclosures
Agencies Will Examine for Compliance with COVID-19 Protections Today, the Consumer Financial Protection Bureau (CFPB), jointly with other government agencies, announced a return to enforcement of critical protections for families and homeowners. Those protections, put in place in the wake of the Great Recession to prevent another foreclosure crisis, give families the chance to find…
HUD: Disaster Assistance Announced for Delaware Disaster Survivors
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for areas in the State of Delaware affected by the remnants of Hurricane Ida from September 1 to September 7, 2021. On October 25, President Biden issued a major disaster declaration, making federal funding available to state and eligible local…
HUD: Disaster Assistance Announced for Mississippi Disaster Survivors
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for areas in the State of Mississippi affected by Hurricane Ida from August 18 to September 1, 2021. On October 23, President Biden issued a major disaster declaration for the counties of Amite, Hancock, Harrison, Jackson, Pearl River, Pike, Walthall,…
HUD: Disaster Assistance Announced for New Hampshire Disaster Survivors
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for areas in the State of New Hampshire affected by a severe storm and flooding from July 29 to July 30, 2021. On October 4, President Biden issued a major disaster declaration for the counties of Cheshire and Sullivan, allowing…
HUD: Disaster Assistance Announced for Montana Disaster Survivors
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for areas in the State of Montana affected by the Richard Spring Fire from August 8 to August 20, 2021. On September 30, President Biden issued a major disaster declaration for Rosebud County and the Northern Cheyenne Indian Reservation. Federal funding…
OCC: Report Shows Improvement in Mortgage Performance in Second Quarter 2021
The Office of the Comptroller of the Currency (OCC) reported that the performance of first-lien mortgages in the federal banking system improved during the second quarter of 2021. The OCC Mortgage Metrics Report, Second Quarter 2021 showed that 95.0 percent of mortgages included in the report were current and performing at the end of the second quarter…
HUD: Disaster Assistance Announced for Pennsylvania Disaster Survivors
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for areas in the Commonwealth of Pennsylvania affected by the remnants of Hurricane Ida from August 31 to September 5, 2021. On September 10, President Biden issued a major disaster declaration for the following counties: Bucks, Chester, Delaware, Montgomery, Philadelphia…
HUD: Disaster Assistance Announced for California Disaster Survivors
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for areas in the State of California affected by the Caldor Fire beginning on August 14, 2021, and continuing. On September 12, President Biden issued a major disaster declaration for California due to the Caldor Fire. The President’s declaration allows…