On Wednesday, April 26, 2023 the Consumer Financial Protection Bureau (CFPB) visited Brooklyn, New York, where Director Rohit Chopra hosted a discussion with NCLC senior attorney Andrea Bopp Stark and local community organizations, advocates, leaders, and members of the public about “zombie” second mortgages.
Watch Recording Read More about CFPB Field Hearing on “Zombie Second Mortgage Debt” in Brooklyn
A significant number of homeowners do not have a deed in their name, which puts them at risk of losing their home to a variety of threats. Tangled title situations can occur when homes are passed on from generation to generation without a will or without the filing of a probate petition. Sometimes, even when…
Read More about Digital Library: Homeowner Tactics to Overcome Problems with Tangled Titles
Housing Law Experts to Probe “Zombie” Second Mortgages and Foreclosures on April 26 WASHINGTON — The Consumer Financial Protection Bureau’s (CFPB) upcoming field hearing will feature remarks from CFPB Director Rohit Chopra and leading national and local housing law advocates, including Andrea Bopp Stark, senior attorney at the National Consumer Law Center, on “zombie” second…
Read More about CFPB to Host Field Hearing on “Zombie Second Mortgage Debt” in Brooklyn
WASHINGTON – The Federal Housing Finance Agency’s (FHFA) proposed rule to codify several existing measures to ensure a fair and accessible housing finance system will require housing giants Fannie Mae and Freddie Mac (the Enterprises) to collect and report information about mortgage applicants’ language preference, according to Americans for Financial Reform Language Access Task Force…
NCLC submitted comments to support HUD’s decision to promulgate regulations that establish the necessary framework for a successful default servicing program and that supplement the guidance established by the RESPA.
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