New Florida Law Streamlines Foreclosures When Bankrupt Borrowers Surrender Their Home
October 1, 2018. In Florida, as of October 1, 2018, the lender can use your bankruptcy admissions against you if you try to fight a foreclosure.
Homeowners Sue Fannie Mae Over Inaccurate Foreclosure Reporting
May 18, 2018. A recent class action suit claims that Fannie Mae violated the FCRA and prevented the plaintiffs from getting new mortgages by inaccurately reporting foreclosures instead of short sales.
South Carolina's Hardest Hit Fund Programs Closed
May 9, 2018. South Carolina has stopped accepting applications for its Hardest Hit Fund programs.
Connecticut’s Foreclosure Mediation Program Could Become Permanent
April 9, 2018. H.B 5495 would eliminate the sunset date for Connecticut's foreclosure mediation program.
Foreclosure Moratorium for Reverse Mortgage Borrowers in Puerto Rico and the Virgin Islands
March 19, 2018. A foreclosure freeze is in place until August 16, 2018.
Changes to Alabama’s Redemption Period Law
February 22, 2018. Learn about Alabama's amended redemption period law.
FHA Introduces New Foreclosure Avoidance Option for Disaster Victims
February 22, 2018. FHA is offering a new foreclosure avoidance option—a Disaster Standalone Partial Claim—to borrowers struggling to catch up on mortgage payments after a natural disaster.
Additional Help for Mississippi Homeowners Announced
February 20, 2018. The Mississippi Center for Justice recently received $600,000 to provide housing assistance to homeowners who are facing foreclosure.
Mortgage Forgiveness Tax Break Extended Through 2017
February 9, 2018. The new budget law—the Bipartisan Budget Act of 2018—includes tax relief when the lender forgives all or part of your mortgage debt.
Mississippi Hardest Hit Fund Reopened
January 31, 2018. The Mississippi Hardest Hit Fund program, called Home Saver, stopped accepting applications in May 2017, but has since reopened.
Florida’s Hardest Hit Fund Programs Closed
January 31, 2018. Florida closed its Hardest Hit Fund programs that provided funds to homeowners to make mortgage payments, reinstate a defaulted loan, or pay down the principal of a loan. But the Elderly Mortgage Assistance (ELMORE) program is still accepting applications.