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Covid relief for evictions. New York has passed a COVID-19 Emergency Eviction and Foreclosure Prevention Act. No eviction action may be initiated until at least May 1, 2021 if a tenant submits a hardship declaration to the landlord initiating the eviction. In December 2020, New York passed the COVID-19 Emergency Eviction and Foreclosure Prevention Act….

New York has passed a COVID-19 Emergency Eviction and Foreclosure Prevention Act. No foreclosure action may be initiated until at least May 1, 2021 if a borrower submits a hardship declaration to the foreclosing party. In December 2020, New York passed the COVID-19 Emergency Eviction and Foreclosure Prevention Act. At that time, the act stopped…

CARES Act Mortgage Forbearance CARES Act Mortgage Forbearance. Financial hardships due to the coronavirus are likely to make you a candidate for a forbearance as an option. Relief for all federally or GSE-backed mortgages Under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, and the recent announcements by federal agencies and the GSEs, there…

Loan modifications under CARES Act. The law firm assists with loan modifications and mortgage relief for those impacted by the coronavirus pandemic. This blog post discusses loan modifications and mortgage relief for those impacted by the coronavirus pandemic. Federal and state governments, and financial institutions and loan servicers, have announced plans to help struggling homeowners…

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