MTG strives to keep you informed of any issues that may arise as the result of Hurricane Nicole currently headed towards Florida. In anticipation of the storm, our Florida office will close early today, Wednesday, November 9th at 4 p.m. ET and delay opening tomorrow Thursday, November 10th, until 10 a.m. ET. In the event [...]
MTG strives to keep you informed of any issues that may arise as the result of Hurricane Ian currently headed towards Florida. The MTG Florida office remains open at this time and we will advise if it becomes necessary to close for the safety of our employees and their families. In the event of an [...]
To: MTG Clients From: John P. Fetner, Managing NC Attorney Date: December 15, 2020 Re: Order of the Chief Justice of the Supreme Court of North Carolina – December 14 Summary: On December 14, 2020, the Chief Justice of North Carolina issued a new order affecting residential evictions, foreclosures, and general litigation in North Carolina. [...]
To: MTG Clients From: John P. Fetner Date: October 29, 2020 Re: North Carolina Governor Executive Order No. 171 (October 28, 2020) – Assisting North Carolinians at Risk of Eviction [...]
Chief Justice Harold D. Melton of the Supreme Court of Georgia signed an order Saturday, Oct. 10, that lifts the suspension of jury trials across Georgia. The order extends until Nov. 9, 2020, the Statewide Judicial Emergency the Chief Justice declared on March 14, 2020, in response to the COVID-19 pandemic. This is the seventh time [...]
FHFA Extends Foreclosure and REO Eviction Moratoriums Foreclosure moratorium applies to Enterprise-backed mortgages; eviction moratorium applies to Enterprise-owned properties FOR IMMEDIATE RELEASE 8/27/2020 Washington, D.C. – Today, to help borrowers at risk of losing their home due to the coronavirus national emergency, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac [...]
Date: August 27, 2020 Mortgagee Letter 2020-27 To: All FHA-Approved Mortgagees All Direct Endorsement Underwriters All Eligible Submission Sources for Condominium Project Approvals All FHA Roster Appraisers All FHA-Approved 203(k) Consultants All HUD-Approved Housing Counselors All HUD-Approved Nonprofit Organizations All Governmental Entity Participants All Real Estate Brokers All Closing Agents Subject Extension of Foreclosure and [...]
1. Background and Purpose. On March 27, 2020, the President signed into law the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act), Public Law 116-136. The CARES Act protects borrowers with Federally backed mortgage loans who are experiencing financial hardship due to the COVID-19 national emergency. The purpose of this Circular is to [...]
Quick Summary: In Florida, there is currently a moratorium in place regarding the filing and prosecution of mortgage foreclosure and residential eviction actions relating solely to non-payment of rent. As of the date of this memo, the current moratorium is set to expire at 12:01 a.m. on August 1, 2020. Governor Executive Order No. 20-94 [...]
