Legal Updates for Foreclosure

New York Passes COVID-19 Foreclosure Moratorium Law

December 28, 2020. A new law protects homeowners in New York against mortgage foreclosures, tax foreclosures, and tax lien sales until May 1, 2021.

HUD Extends Foreclosure and Eviction Moratorium for FHA-Insured Loans Through February 28, 2021

December 21, 2020. HUD suspended foreclosures and evictions for FHA-insured mortgages, as well as extended the right to get a COVID-19 forbearance, through February 28, 2021.

Mortgage Payment Assistance Program for Vermont Homeowners Affected By Coronavirus

July 13, 2020. Vermont is offering grants of up to three months' worth of mortgage payments to homeowners facing financial difficulties due to COVID-19.

FHA Announces New COVID-19 Loss Mitigation Options for Mortgage Borrowers

July 8, 2020. FHA has expanded its loss mitigation options for homeowners affected by the coronavirus crisis.

Mortgage Payment Assistance Program for New Hampshire Homeowners Affected By Coronavirus

June 30, 2020. New Hampshire offers up to $2,500 to homeowners affected by COVID-19.

New York Passes Foreclosure Protection Law

December 23, 2019. New York recently passed a law that allows people facing a foreclosure lawsuit to raise a defense called “standing” at any time during the suit.

Mortgage Forgiveness Tax Break Extended Through 2020

December 20, 2019. A new law—the Further Consolidated Appropriations Act, 2020—includes tax relief for situations when a lender forgives mortgage debt.

5th Circuit Says the SCRA Protection Against Default Judgments Doesn’t Apply In Most Louisiana Foreclosures

December 19, 2019. Military servicemembers lost their SCRA fight in a recent Louisiana court case.

Wells Fargo Wrongfully Foreclosed on Hundreds of Homes: Are You Entitled to Compensation?

August 3, 2018. A computing miscalculation at Wells Fargo caused hundreds of people to miss out on loan modifications and, perhaps, ultimately lose their homes to foreclosure.

Court Determines Statue of Limitations for SCRA Claims Is Four Years

July 26, 2018. The U.S. Court of Appeals for the Ninth Circuit held that a Marine who lost his home to foreclosure waited too long to sue the lender and trustee for violating the federal Servicemembers Civil Relief Act.

Changes to Alabama’s Redemption Period Law

February 22, 2018. Learn about Alabama's amended redemption period law.

Two Loans, Same Lender: California Supreme Court to Decide State’s Deficiency Judgment Law

June 13, 2017. If the same lender has both a senior and junior lien on your California home, will a foreclosure of the first lien prevent a deficiency judgment on the second? The California Supreme Court will soon determine the answer.

SCRA Foreclosure Protection Extended

December 12, 2017. The National Defense Authorization Act for Fiscal Year 2018 extends the SCRA’s one-year post-service protection against nonjudicial foreclosure through December 31, 2019.

Fannie Mae and Freddie Mac Halt Foreclosure Evictions for the Holidays

December 11, 2017. Foreclosed homeowners won't be evicted from their homes over the holidays. Also, foreclosure sales won’t go forward in hurricane-affected areas during this time.