Tag: Federal Housing Administration (FHA)

LOOMING BANK FORECLOSURES: The Next Financial ‘Hurricane’ To Strike Puerto Rico Is Already On The Event Horizon

SAN JUAN — Lenders to Puerto Rican homeowners have kicked foreclosures into high gear in the aftermath of Hurricane Maria, skirting local and federal borrower protections. According to attorneys and experts, lenders have ignored federal moratoria on foreclosures; placed notices of default in newspapers where they’re unlikely to be seen; sent files to homeowners in English […]