Gov. Gavin Newsom proposes $125M in mortgage relief for wildfire victimsGovernor Newsom proposes $125 million in mortgage relief for wildfire victims, aiming to prevent foreclosure.
Reverse mortgage servicing safeguard might help LA borrowersNew regulations aim to protect reverse mortgage borrowers in disaster areas from foreclosure.HUD has flagged properties in disaster zones for additional approval before foreclosure actions.
D.C. relaunches program for delinquent reverse mortgage tax, insurance paymentsDCHFA relaunched the ReMIT program to provide financial assistance for seniors at risk of foreclosure in Washington, D.C.
Reverse mortgage servicing safeguard might help LA borrowersNew regulations aim to protect reverse mortgage borrowers in disaster areas from foreclosure.HUD has flagged properties in disaster zones for additional approval before foreclosure actions.
D.C. relaunches program for delinquent reverse mortgage tax, insurance paymentsDCHFA relaunched the ReMIT program to provide financial assistance for seniors at risk of foreclosure in Washington, D.C.
FHFA prevented 43K foreclosures in Q3, but new cases rose 27%FHFA's foreclosure prevention actions are significant, reaching over 7 million, yet foreclosure starts surged 27%, indicating a growing crisis in housing stability.