Mortgage servicers will be required to suspend foreclosure activities for up to 60 days if they are notified that a borrower has applied for mortgage assistance under the Treasury Department’s Homeowner Assistance Fund, the Federal Housing Finance Agency announced today. The HAF was established to prevent mortgage delinquencies and defaults, foreclosures, loss of utilities or home energy services, and displacement of homeowners experiencing financial hardship after Jan. 21, 2020.
FinCEN issues limited relief from Minnesota geographic targeting order
FinCEN provided tailored exemptive relief for banks related to a geographic targeting order imposing reporting requirements on financial institutions in Hennepin and Ramsey counties in Minnesota.









