2021 Foreclosure Legal Updates

$1 Billion Available to California Homeowners Facing Foreclosure

Learn about California’s COVID mortgage-relief program.

Mortgage Forgiveness Tax Break Extended Through 2025

The Further Consolidated Appropriations Act of 2021 included tax relief for when a lender forgives mortgage debt.

$175M Available to Colorado Homeowners Facing Foreclosure

Learn about Colorado’s COVID mortgage-relief program.

CFPB Rule Restricting Mortgage Foreclosures Until 2022

Under a federal rule, mortgage servicers had to help homeowners avoid foreclosure during the COVID-19 pandemic. This rule expired in 2022.

VA Announces New Relief Program for Mortgage Borrowers Exiting COVID-19 Forbearances

The U.S. Department of Veterans Affairs (VA) created a program to help mortgage borrowers whose COVID-19 forbearances are ending.

Biden’s COVID-19 Relief Bill Included $10 Billion for States to Help Homeowners Cope With the Pandemic

The latest COVID–relief package includes money to help people facing foreclosure keep their homes.

FHA COVID-19 Loan Modification Program for Mortgage Borrowers

FHA offers a loan modification option for homeowners affected by COVID-19.