Modifications Made to Washington Foreclosure Fairness Act and to Deed of Trust Act’s Nonjudicial Foreclosure Process

By Laura N. Coughlin, Esq, Wright Finlay & Zak, LLP HB 1108 – Revisions to the Deed of Trust Act’s Non-Judicial Foreclosure Process (“DTA”) and Foreclosure Fairness Act (“FFA”). Except where noted below, all changes became effective on May 3, 2021 as an emergency proclamation due to Covid-19. •  This...

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Federal Judge Overturns HHS Coronavirus Eviction Moratorium

A Washington, D.C., district court judge said the coronavirus pandemic ‘triggered difficult policy decisions that have had enormous real-world consequences’ when he overturned the CDC’s eviction moratorium. The moratorium was supported by both President Biden and Trump. The impact of the decision by U.S. District Court Judge Dabney L. Friedrich...

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Two New CFPB Reports Address Pandemic Issues

The Consumer Financial Protection Bureau (CFPB) has issued two reports showing that more work needs to be done to help mortgage borrowers coping with the COVID-19 pandemic and economic downturn. The first report, “Characteristics of Mortgage Borrowers During the COVID-19 Pandemic,” documents that Black and Hispanic mortgage borrowers are much...

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UTA 2021 Directory Available

UTA’s 2021 Directory is available for members only. To gain access to the directory, simply contact Krisztie Benko at info@unitedtrustees.com and she’ll provide you with your login information. The Directory includes member information alphabetically by last name as well as alphabetically by company name, along with states serviced by each...

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Remote Again – Say It Ain’t So!

By Michael Belote, Esq., California Advocates, UTA California Lobbyist There is just no other way to say it: for the California Legislature, 2020 was HARD.  Obviously, no one was completely unaffected by the pandemic, and we are certainly not comparing the legislative difficulties with layoffs or no food to eat. ...

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Washington Enters the 2021 Session Remotely and with a Broad Agenda

By Holly Chisa, HPC Advocacy, UTA Washington State Lobbyist As a lobbyist, I’ve worked through some unique legislative sessions.  A blue-collar labor union took over the Capitol building, sleeping on the floors every night for weeks demanding wage changes.  I’ve seen protest rallies with bagpipes, with drums, with squirrels.  I...

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UTA Welcomes Five New Members

Welcome to the following new members of UTA – Kristi Favro, First American Mortgage Solutions, Santa Ana, CA – Roel Del Mar, First American Mortgage Solutions, Santa Ana, CA – Robert Norum, Esq., ZBS Law, Irvine, CA – Lance Olsen, McCarthy Holthus, Seattle, WA – Caroline Rhee, First American Mortgage...

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Fannie and Freddie to Participate in UTA Townhall

John Ingram, Esq., Associate General Counsel for Fannie Mae, and Dean Meyer, Director, Non-Performing Loan Management, Freddie Mac will join Cathe Cole-Sherburn, Trustee Corps; Michelle Rodriguez, Esq., R.C. Temme Corp; Shannon Tomasso, Cenlar, FSB; and Wendy Lee, Esq. with McCalla Raymer, Leibert Pierce in facilitating an online Townhall discussion on ‘Preparing...

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