Trying to provide as many options as possible to prevent foreclosures, HUD granted a 30-day extension of its FHA foreclosure moratorium to lenders that make a last-ditch effort to work with borrowers by using the Hope Now Alliance’s Project Lifeline Initiative. The initiative, announced in February by Hope Now, attempts to save 90-plus-days delinquent homeowners by giving them...
It will be the 11th issuance of its type by loanDepot.
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