Freddie Mac issued Bulletin 2017-29 (Bulletin), extending the suspension of foreclosure sales involving properties in Puerto Rico and the U.S. Virgin Islands that were impacted by Hurricanes Irma and Harvey. In August of 2017, Freddie Mac suspended all foreclosure sales involving properties impacted by Hurricanes Irma and Harvey until December 31, 2017. Pursuant to this Bulletin, Freddie Mac is extending the foreclosure suspension until March 31, 2018 for properties in Puerto Rico and the U.S. Virgin Islands that were impacted by Hurricanes Irma and Harvey. The suspension does not apply to properties in any other jurisdiction designated as a FEMA disaster area as a result of the 2017 hurricanes.
FHA
FHA Extends Compliance Date for Portions of the Modernization of Engagement with Mortgagors in Default Final Rule
FHA extended the compliance date for portions of the Modernization of Engagement with Mortgagors in Default Final Rule. In August, 2024, FHA adopted the Modernization