Up to date as of April, 22, 2021

Updates on Mortgage Foreclosures

Connecticut homeowners seriously delinquent on their mortgages:  According to CoreLogic, Connecticut has the 9th highest delinquency rate in the country with serious delinquencies at 4.8% (as of January ’21). This means that more than 1 in 21 homeowners are 90 days or more on their mortgage, and the numbers are much worse for homeowners with FHA mortgages.

Mediations have resumed in foreclosure cases: On February 25, 2021, the Judicial Branch announced that it will resume scheduling mediations beginning on March 1, 2021. Premediation and mediation will take place for mortgage foreclosures that do not involve federally backed mortgages. At this time, all premediations and mediations will be held virtually, not in person.  

Affidavit required for foreclosure filings:  On September 24, the Judicial Branch issued a Standing Order that prohibits any foreclosure action from being filed or moving forward unless the bank or mortgage company files an affidavit stating that the loan is not a federally backed mortgage, is vacant, or is not in forbearance. If the affidavit is not filed with the Court, then the case may be dismissed.

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