Foreclosure & Moratorium Updates

[Andy Mirza]

In our experience, most of the states that we have loans & REOs in have gone back to normal operations for foreclosures & evictions.These are TX, TN, VA, NV, & WI.

The exceptions are:

California - courts have not started scheduling eviction hearings yet (at least in Sacramento County)

Illinois - Cook County is not allowing the entry of any orders for foreclosure with no indication when they'll resume; Will County is not scheduling any Sheriff's Sales through the end of the year.

New Jersey - some Sheriff's have canceled most sales through the end of the year.

Louisiana - Terrebonne Parish has not resumed Sheriff's Sales yet

Anyone else care to share info?

[Marco Bario]

Macomb County MI is not holding sales until further notice.