New York might make it even harder to foreclose

On today’s episode, Editor in Chief Sarah Wheeler talks with Mortgage Reporter Maria Volkova about New York’s attempt to limit the foreclosure timeline and how that could affect mortgage lenders, servicers and consumers if it passes. The two also discuss flood insurance and the recent findings by HUD’s watchdog that the FHA insured thousands of mortgages in 2020 without the mandatory flood insurance coverage.

Articles related to this episode:

• NY bill would change statute of limitations on foreclosures
• FHA backed $4.5B in mortgages without required flood insurance

HousingWire Daily examines the most compelling articles reported across HW Media. Each afternoon, we provide our listeners with a deeper look into the stories coming across our newsrooms that are helping Move Markets Forward. Hosted by Sarah Wheeler and produced by Elissa Branch.