Servicers Should Prepare for Foreclosure Surge
A key federal watchdog agency has warned companies that administer mortgages, either for themselves or on behalf of investors, that they must be prepared for the coming surge of borrowers seeking relief. Unprepared is unacceptable, said Dave Uejio, acting director of...
CFPB Seeks No Foreclosures This Year
The Consumer Financial Protection Bureau said Monday it is considering new rules aimed at averting a wave of foreclosures later this year when millions of homeowners are no longer allowed to put off making their mortgage payments. Last year, the federal government...
NH Homeowners Gained Significant Equity in Q3
The average New Hampshire homeowner gained $27,000 in equity in the third quarter on a year-over-year basis, CoreLogic reported, nearly double the national average. With low interest rates and the COVID-19 pandemic triggering one of the largest homebuying surges in...
New Hampshire Legislators Could Change the Foreclosure Process
Attorney Terrie Harman saw a trend with several of her clients: They had lost their homes to foreclosure auctions without receiving notice from the lender. As their cases went through New Hampshire’s court system, she learned the state’s foreclosure law required...This Week’s Paper: Digital Edition
