More action is needed to give Veteran borrowers and their families the assistance they deserve.
Read More about New Mortgage Relief Law Will Help Thousands of Veterans Avoid Foreclosure
NCLC advocates urge further progress and support for struggling homeowners
Read More about Bill Makes Strides Toward Sustainable Homeownership
An inheritance is an important family legacy that can provide a safety net for future generations. For working families struggling to keep up with rising living costs, the transfer of a family home or other inheritance can provide newfound economic security. In particular, the anticipated wealth transfer from the Baby Boomer generation to their heirs…
Abrupt End of Program to Help Veterans Avoid Foreclosure Leaves Them at Risk of Home Loss
The letter raises substantial concerns about how recent actions at FHFA and HUD are worsening our housing crisis – despite public commitment from leadership to address it.
Read More about Coalition Letter to FHFA, HUD and the U.S. Treasury Department on the Housing Crisis
Veterans Affairs Servicing Purchase Program Provided ‘Last Resort’ for Veterans, Congress Must Act Quickly to Fill the Gap
Read More about Abrupt End of VASP Program Leaves Veterans, Families at Risk of Home Loss
NCLC experts and authors Sarah Mancini and Andrea Bopp Stark walk through the NCLC Digital Library Housing Toolbox—a powerful resource designed to help you tackle some of the most complicated and urgent housing law challenges including zombie second mortgages, tangled titles, and mortgage servicing pleadings. Navigate the NCLC Digital Library’s vast collection of legal tools…
Watch Recording Read More about NCLC Digital Library Toolbox Webinar: Housing Topics
TIME: 2 – 4 PM EST Zombie second mortgages are loans that have been dormant for years, with little or no communication with the borrower, that resurface threating to foreclose unless the loan, plus interest and fees, are paid off in full. This webinar will look at how and zombie second mortgages emerge and what…
Register Now Read More about Rising from the Dead: Tackling Zombie Second Mortgages
These NCLC Digital Library resources explain what zombie second mortgages are, why they are such a problem, and ways homeowners can stop foreclosures.
Hodges v. NewRez, LLC d/b/a Shellpoint Mortgage Servicing and The Bank of New York Mellon, 1:25-cv-10147 (D. Mass.) The case seeks classwide relief against mortgage servicer NewRez, LLC, and loan holder Bank of New York Mellon for their mishandling of “zombie” second mortgages. The complaint alleges that the defendants failed, as a matter of systematic…
The Mortgage Conference in Los Angeles, California features expert-led sessions on the fundamentals of mortgage law and the latest updates on foreclosure prevention policies and practices.
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