Mortgage servicing and loan modifications / John Rao, Steve Sharpe ; contributing authors: Maryann Flanigan, Sarah Bolling Mancini, Andrew Pizor, Andrea Bopp Stark, Tara Twomey, Geoff Walsh, Odette Williamson.
Common mortgage servicing problems -- Servicing requirements under the Real Estate Settlement Procedures Act -- Other federal statutes impacting loan servicing -- State law servicing claims -- Loss mitigation and loan modifications -- Loss mitigation options for Fannie Mae and Freddie Mac mortgages -- Loss mitigation for FHA-insured loans -- Loss mitigation for loans insured by the Department of Veterans Affairs or the Rural Housing Service -- Legal claims for failure to handle loss mitigation properly -- Litigating mortgage servicing claims -- Homeowner rights during natural disasters and COVID-19 -- Appendix A. Federal mortgage servicing law -- Appendix B. Selected statutes and regulations pertaining to mortgages held or insured by the federal government -- Appendix C. Agency guidance, consent orders, program guidelines, and policy statements -- Appendix D. Summary of state mortgage servicing, payoff statement, and mortgage discharge laws -- Appendix E. Foreclosure prevention practice aids and sample mortgage documents -- Appendix F. Sample pleadings -- Appendix G. Glossaries -- Appendix H. Helpful websites -- Appendix I. State-by-state analysis of state court standing requirements.
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.