Page 17 - Loss Mitigation News Today : Breaking News, Live Updates & Top Stories | Vimarsana

To embed, copy and paste the code into your website or blog: On 5 April 2021, the Consumer Financial Protection Bureau (CFPB) solicited comments on proposed amendments to Regulation X, 1 which amendments are intended to assist mortgage borrowers impacted by the COVID-19 pandemic. 2 Though the proposal to extend the current foreclosure moratorium to January 2022 is gaining the headlines, it is important to note that the proposed amendments, if adopted, once again require modification to servicers’ existing loss mitigation programs in order to “maximize the likelihood that borrowers exiting...

April 08, 2021 9:13 PM State and federal grant money is going a long way to help soften the financial blow of Claremont Unified School District’s reopening and pandemic-related expenses. The district will have received $19.3 million in government grant money when all is said and done, most all of it earmarked for specific COVID-19 mitigation related expenses. Thus far it has spent $4.2 million and has received $4 million, with much more on the way soon. “As far as when we will receive it, it varies depending on the funding source,” said Lisa Shoemaker, CUSD’s assistant superintendent,...

The decision provides more clarity to noteholders in the state about when the six-year statute of limitations to bring a foreclosure action begins.

Operator Greetings, and welcome to the Black Knight Fourth Quarter Full Year 2020 Earnings Call. [Operator Instructions]. A question-and-answer session will follow the formal presentation. [Operator Instructions]. It is now my pleasure to introduce Steve Eagerton, Investor Relations with Black Knight. Thank you. You may begin. Steven Eagerton -- Vice President of Investor Relations Thanks. Good morning, everyone, and thank you for joining us for the Black Knight fourth quarter 2020 earnings conference call. Joining me today are Chief Executive Officer, Anthony Jabbour; and Chief Financial Of...

  Established in 2005, Arrow Global is a European investor and alternative asset manager specialising in non-performing and non-core assets. We identify, acquire and manage secured and unsecured loan and real estate portfolios from and on behalf of financial institutions, such as banks, institutional fund investors and specialist lenders.   We play an active role in helping financial institutions reduce their balance sheets and recapitalise in order to increase mainstream lending. By purchasing and managing non-performing loans and other non-core assets, we provide valuable capital and expe...