Timothy Nichols

Timothy Nichols

Lowenstein Sandler LLP

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FHA’s Loss Mitigation Options for Single-Family Borrowers Affected by the Presidentially Declared COVID-19 National Emergency in...

On April 1, 2020, the U.S. Department of Housing and Urban Development (HUD) issued a Mortgagee Letter informing mortgagees of special Loss Mitigation Home Retention Options available to single family borrowers, as well as an...more

4/8/2020  /  Coronavirus/COVID-19 , Federal Housing Administration (FHA) , HUD , loss , Loss Mitigation , Mortgages , Relief Measures

Potential Consequences to Mortgage Servicers of COVID-19 Delinquencies and Expanded Forbearance Programs–March 31 Update

In response to the challenges posed to U.S. mortgage borrowers as a result of the COVID-19 pandemic, Freddie Mac, Fannie Mae, and the Department of Housing and Urban Development (HUD), including the Federal Housing...more

4/6/2020  /  Borrowers , Coronavirus/COVID-19 , Fannie Mae , Federal Housing Administration (FHA) , Forbearance Agreements , Freddie Mac , HUD , Mortgage Servicers , Mortgages , Term Asset-Backed Securities Loan Facility (TALF)
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