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Attorney General Actions

Attorneys General Urge FHFA and HUD to Take Additional Measures to Protect Borrowers Affected by COVID-19

April 28, 2020 By Nanci Weissgold, Brian Johnson and Anoush Garakani

A&B Abstract: On April 23, 2020, the attorneys general of 33 states, the District of Columbia and Puerto Rico (the “Attorneys General”) sent two letters, one to the Federal Housing Finance Agency (“FHFA”) and the other to the U.S. Department of Housing and Urban Development (“HUD” and collectively with FHFA, the “Agencies”), respectively, noting that […]

Filed Under: Attorney General Actions, Department of Housing and Urban Development (HUD), Federal Housing Finance Agency (FHFA), Mortgage Loans, Mortgage Servicing, Uncategorized Tagged With: CARES Act, Covid-19, Forbearance, HUD, Mortgage Servicing, Servicing

Massachusetts Settlement Agreements Highlight AG’s Compliance Expectations

October 7, 2019 By Nanci Weissgold

A&B Abstract: In a series of 2019 settlement agreements, the Massachusetts Attorney General has publicly provided insights into her compliance expectations for residential mortgage servicers.  The settlements demonstrate a focus on compliance with the Commonwealth’s Act to Prevent Unlawful and Unnecessary Foreclosures, codified in part as M.G.L. Chapter 244, Section 35B (“Section 35B”) and its […]

Filed Under: Attorney General Actions, Mortgage Loans, State Law, Unfair, Deceptive and Abusive Acts or Practices (UDAAP) Tagged With: #UDAP, loss mitigation, modification, successors in interest

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