Homeownership & Foreclosure

Mortgage Servicing & Foreclosures

A strong housing system in the United States requires that low-income homeowners and homeowners of color be able to retain their homes even during economic hardship. NCLC works to promote innovative foreclosure prevention solutions and strengthen consumer protections in mortgage servicing, and works to prevent foreclosures and promote sustainability throughout the mortgage system, including FHA, Fannie Mae and Freddie Mac, VA, and USDA.

Featured

View All for Featured
What States Can Do to Reduce Property Tax Foreclosures

October 10, 2023

Comment on HUD’s Proposed Rule on Borrower Engagement

September 29, 2023

Group Letter Commenting on HUD’s Proposed Rule on Borrower Engagement

September 29, 2023

Follow-up Letter to FHA Regarding ML 2023-03

September 25, 2023

Joint Industry and Advocacy Letter to VA on Refund Program

August 31, 2023

NCLC Petition for Reg X Rulemaking on HELOCs, Reverse Mortgages, Language Access, and Manufactured Housing

August 29, 2023

Joint Letter to HUD Regarding Partial Claim Eligibility

August 24, 2023

Property Tax Foreclosures on Heirs Property: The Devastating Consequences and Recommendations for Prevention

August 22, 2023

Heirs Should Not Be Subject to Florida’s Homestead Tax Exemption Penalty

August 22, 2023

Comments & Letters

View All for Comments & Letters
Comment on HUD’s Proposed Rule on Borrower Engagement

September 29, 2023

Group Letter Commenting on HUD’s Proposed Rule on Borrower Engagement

September 29, 2023

Follow-up Letter to FHA Regarding ML 2023-03

September 25, 2023

Joint Industry and Advocacy Letter to VA on Refund Program

August 31, 2023

NCLC Petition for Reg X Rulemaking on HELOCs, Reverse Mortgages, Language Access, and Manufactured Housing

August 29, 2023

Joint Letter to HUD Regarding Partial Claim Eligibility

August 24, 2023

Letter to FHFA Director Sandra Thompson from Underserved Mortgage Markets Coalition

August 16, 2023

Coalition Letter in Support of HUD’s Proposed Payment Supplement Partial Claim Program

June 30, 2023

NCLC and CRL Comments to HUD’s Proposed Payment Supplement Partial Claim

June 30, 2023

Reports

View All for Reports
Property Tax Foreclosures on Heirs Property: The Devastating Consequences and Recommendations for Prevention

August 22, 2023

Report: How GSE Note Sales Undermine Homeownership

January 30, 2023

Appendix C: Long Summaries of Loss Mitigation Rules for Government-Backed Loans

February 19, 2020

Obtaining Mortgage Relief for Victims of Disasters: A Practice Guide for Advocates

February 15, 2020

Stopping Foreclosures with the RESPA Servicing Rules

June 24, 2016

Opportunity Denied: How HUD’s Note Sale Program Deprives Homeowners of the Basic Benefits of Their Government-Insured Loans

May 2, 2016

At a Crossroads: Lessons from the Home Affordable Modification Program (HAMP)

January 22, 2013

Issue Briefs

View All for Issue Briefs
Fighting Zombie Second Mortgages: Helping Borrowers Whose Second Mortgages Have Been Dormant for Years and Are Now Coming to Life to Feed on the Equity in Their Homes

April 1, 2022

What States Can Do to Reduce Property Tax Foreclosures

October 10, 2023

Heirs Should Not Be Subject to Florida’s Homestead Tax Exemption Penalty

August 22, 2023

Home Equity Lines of Credit Gaps in Coverage & Exemptions from Regulations

February 22, 2023

Homeowner Assistance Fund: Overview and FAQs

May 1, 2022

Ensuring Access to Sustainable Homeownership: 2022 Priorities

March 1, 2022

HUD Should Provide Additional COVID Loss Mitigation Options for HECM Borrowers

August 5, 2021

Why Homeowner Assistance Fund Programs Should Be Accessible to Homeowners in Bankruptcy

July 1, 2021

Joint Statement on Supervisory and Enforcement Practices Regarding the Mortgage Servicing Rules in Response to the COVID-19 Emergency and the CARES Act

June 8, 2021

Testimony

View All for Testimony
The LIBOR Transition: Protecting Consumers and Investors

November 2, 2021

Alys Cohen’s testimony at U.S. House Hearing on Mortgage Servicers’ Implementation of the CARES Act

July 16, 2020

Testimony Before House Financial Services Regarding Oversight of Mortgage Servicers’ Implementation of the CARES Act

July 16, 2020

Press Releases & News

View All for Press Releases & News
VA Foreclosure Pause Will Prevent Thousands of Veteran Foreclosures

November 20, 2023

Report Examines Severe Consequences of Property Tax Liens and Foreclosures for Owners of Inherited Homes

August 22, 2023

ProPublica: Homeowners Trying to Get Out of “We Buy Ugly Houses” Deals Find Little Relief in State, Federal Laws

August 2, 2023

The Wall Street Journal: Zombie Mortgages Could Force Some Homeowners Into Foreclosure

June 4, 2023

Digital Library: Supreme Court Stops Equity Theft in Property Tax Foreclosures

June 1, 2023

Nketiah “Ink” Berko Returns to NCLC as Equal Justice Works Fellow

May 11, 2023

ProPublica: The Ugly Truth Behind ‘We Buy Ugly Houses’

May 11, 2023

Digital Library: Special Mortgage Topics

May 1, 2023

NBC News: “With car repossessions and home foreclosures rising, some Americans are living on a financial cliff”

April 29, 2023

From the NCLC Digital Library

Mortgage Servicing and Loan Modifications

The most complete treatise on the new loan modification programs and rights to deal with mortgage servicers.

Read Chapter One

Support NCLC

Please support NCLC's work to advance consumer rights and economic justice with a tax-deductible contribution today!

Donate