On March 31, 2020 the CFPB published a guide to various mortgage relief options available to borrowers affected by coronavirus/COVID-19. The Guide provides consumers with a general understanding of who ...
On March 26, 2020 the CFPB released a policy statement in which it reiterated its guidance encouraging financial institutions to make “prudent efforts undertaking in good faith” to work constructively ...
More and more states are enacting emergency measures to provide relief to address notarization issues that have arisen as a result of the safety measures in place due to the ...
On March 23, 2020, Freddie Mac published Bulletin 2020-5 regarding temporary measures for selling requirements in relation to Coronavirus COVID-19 to address sellers’ questions and concerns. Freddie Mac is working ...
On March 23, 2020, Fannie Mae published Lender Letter LL-2020-04 regarding the impact of Coronavirus COVID-19 on appraisals. In many cases, due to COVID-19, lenders are not able to obtain ...
On March 23, 2020, Fannie Mae published Lender Letter LL-2020-03 regarding the impact of Coronavirus COVID-19 on loan originations. LL-2020-03 addresses questions and concerns that have been raised by industry ...
On March 18, 2020, Fannie Mae published Lender Letter LL-2020-02 regarding temporary servicing requirements due to the impact of Coronavirus COVID-19. LL-2020-02 was updated with additional information on March 25, ...
On March 28, 2020, Freddie Mac published Bulletin 2020-4 regarding temporary servicing requirements due to the impact of Coronavirus COVID-19. Freddie Mac is working together with Fannie Mae under the ...
President Trump signed the massive $2 trillion federal stimulus package, the Coronavirus Aid, Relief and Economic Security Act (CARES Act) bill into law. His signature came just hours after the ...
On March 16, 2020, the Department of Veterans Affairs (VA) published Circular 26-20-7 regarding special relief and safety for those affected by Coronavirus COVID-19. Circular 26-20-7 provides the following information: ...