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Foreclosure

September 22, 2009: Webinar for Lenders on Protecting Tenants at Foreclosure Act (PTFA)
The Protecting Tenants at Foreclosure Act (Pub. L. No. 111-22) requires that persons or entities that take title to residential property at foreclosure honor the existing tenants' lease and give at least 90 days notice to vacate if they want the property empty. The presenters at this webinar, which was held on September 22, 2009, discuss the background, substance and implications of the PTFA and how Fannie Mae and Freddie Mac are implementing the law. They share their insights into the federal regulators’ responses, the process of managing rental properties when existing occupants remain in properties after foreclosure, and other issues.
Presenters at this webinar were: Barry R. Wides, Deputy Comptroller, Community Affairs, from the Office of the Comptroller of the Currency (OCC); Miguel J. Gutierrez, Director of Alternative REO Dispositions at Fannie Mae; Eric J. Will, Director, HouseSteps, REO sales and leasing at Freddie Mac; Catherine Bendor, Legal Director at the National Law Center on Homelessness & Poverty; Danna Fischer, Legislative Director and Counsel for the National Low Income Housing Coalition; and David T. Rammler, Director of Government Relations, National Housing Law Project.
Click here to watch the PTFA Webinar.
Materials only are available here.

September 22, 2009: Tenants in Foreclosed Properties: New Federal Protections
This training provides an overview of the federal Protecting Tenants at Foreclosure Act and discusses frequently asked questions regarding the law.
Click here to watch the webinar.

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