No foreclosures until 2022? CFPB seeks to extend foreclosure moratorium - FORECLOSURE FRAUD

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No foreclosures until 2022? CFPB seeks to extend foreclosure moratorium

Posted on16 April 2021.

No foreclosures until 2022? CFPB seeks to extend foreclosure moratorium

Foreclosure moratoriums could be extended

Foreclosures may be banned until 2022 if a new rule from the Consumer Financial Protection Bureau goes through.

The rule — which the CFPB says would benefit both underwater homeowners and mortgage servicers — would prohibit servicers from initiating the foreclosure process until after December 31 of this year.

Continue reading at the source article link below.

https://themortgagereports.com/75868/cfpb-foreclosure-moratorium

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