Rhode Island Adopts Home Loan Protection Act and Mortgage Foreclosure Disclosure Provisions

The Rhode Island Department of Business Regulations is reformatting all of its current banking regulations in order to incorporate them into the Rhode Island Code of Regulations and has adopted the Home Loan Protection Act and Mortgage Foreclosure Disclosure provisions. The RICR is a uniform code of all regulations filed by Rhode Island's state agencies, […]

FHA Updates Policy for Hurricane Relief to Puerto Rico and U.S. Virgin Island Homeowners

On August, 16, 2018, FHA announced it is updating its foreclosure prevention option for borrowers in Puerto Rico and the U.S. Virgin Islands impacted by hurricanes Irma and Maria. This will give borrowers with delinquent FHA-insured mortgages easier access to bring their mortgages current without an increase in their interest rates or monthly payments. Foreclosure […]

An abandoned house on Sand Fiddler Road as seen on Feb. 28 in Sea Pines on Hilton Head Island.

The eyesore was right next door, and she could see it all: the tarp covering the roof, the unpainted plywood boards holding the front steps together and the unkempt swimming pool – a perfect breeding ground of mosquitoes. Yellow notices from utility companies, warning the owner of impending disconnections, littered the front porch. Foreclosure News