Puerto Rico Homeowners Brace for Another Disaster: Foreclosure

by David Dayan “Maybe they believe the land is worth more than keeping people in the homes.” Lenders to Puerto Rican homeowners have kicked foreclosures into high gear in the aftermath of Hurricane Maria, skirting local and federal borrower protections. According to attorneys and experts, lenders have ignored federal moratoria on foreclosures; placed notices of default in newspapers where they’re[…]

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