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COVID-19 aka Coronavirus Latest on Pandemic in its impact on foreclosures

  • Broadcast in Finance
THE NEIL GARFIELD SHOW

THE NEIL GARFIELD SHOW

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COVID-19 topics discussed on the Show today are as follows:

- How states are issuing both in judicial and non-judicial foreclosure states foreclosure and eviction moratoriums of various kinds;

- How borrowers can potentially bring in California declaratory or injuctive relief lawsuits if any notice of default (NOD) is filed against them at this time, on the basis that such an NOD per se violates Governor Newsome's order to 'shelter in place' statewide, which among other things probhibits public gatherings. This order therefore makes holding foreclosure auctions impossible in California, without violating this order;

- How states such as Calfornia are closing or limiting access to county recorders, and the implications this has for the recording of notice of defaults (NODs), and Notice of Trustee's Sales (NOTSs); - How court access both Federal and State is being heavily restricted and what this means for borrowers, from both a positive and negative point of view; - Bill will discuss the COVID-19 impact on forensic loan audits and the intel gathering he does in his nvestigative work on behalf of borrowers;

- Expanding on what Neil discussed last week in his own coronavirus update show, how legal procedure potentially will change in the coming months to accommodate a more virtual access to courts, legal procedure, etc, which will have impacts both positive and negative for borrowers;

 

 

 

 

 

 

 

 

 

 

 

 

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