April 24, 2020. Many banks and credit unions in Rhode Island have agreed to a minimum 60-day foreclosure moratorium. They also agreed to suspend mortgage payments for residential borrowers.
Massachusetts Passes a Law Prohibiting Foreclosures During the Coronavirus Crisis
April 20, 2020. Massachusetts lawmakers have passed a ban on foreclosures, as well as evictions following foreclosures, during the COVID-19 outbreak.
April 6, 2020. The California Judicial Council has approved new rules for the state’s courtrooms that include postponing judicial foreclosure proceedings and evictions.
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.
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 a loan modification 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.
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.
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.