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Forbearance

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California MBA backs $100M fund in governor’s budget proposal for wildfire rebuilding

May 22, 2026 by bp56691
The proposed funding is designed to expand access to construction financing for homeowners affected by last year’s Southern California wildfires by helping to bridge the gap between insurance payouts and actual rebuilding costs.
Categories California, Construction loan, Forbearance, Housing Market, HWmember, Mortgage, Natural Disaster, Wildfire

California MBA urges guardrails for bill targeting wildfire-related forbearance

March 24, 2026 by bp56691
CMBA told lawmakers that AB 238 aids short-term relief, but insurance delays and permitting backlogs are stalling wildfire recovery.
Categories California, CMBA, Forbearance, Housing Market, HWmember, Legislation, Mortgage, Natural Disaster, Wildfire

Loss-mitigation waterfalls face a murky future under Trump administration

December 26, 2024 by bp56691
Loss-mitigation waterfalls face a murky future under Trump administration
Servicers have a request for the incoming Trump administration — standardization and simplification of loss-mitigation frameworks.
Categories Covid-19, FHA, Forbearance, LendingLife, Loss Mitigation, Mortgage, Mortgage Servicing, Servicing, Trump Administration, U.S. Department of Veterans Affairs, USDA

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