Auction News
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News from Around the World

She would do it again

“We bought our home from the Bank – 4 lessons we learned”

More from Business Insider Africa

Australia

A Crash Course in Foreclosure Investing

Under federal law, in most cases, a financier can’t start a foreclosure until a homeowner is more than 120 days overdue on payments.

More on Foreclosure Timelines

Foreclosures Explained Simply

How missing payments may affect you

New Zealand

Speak to the Bank sooner rather than later

Can Kenyan courts reach this level? The How-to’s Clearly explained

The World Bank

42 countries are compared – Financing and Foreclosing

The US Government

Did the COVID Protection work for distressed borrowers?

Is a Foreclosure Crisis imminent?

Kenya’s Foreclosure Laws

Land Act

Land Registration Act

Auctioneer’s Act

End of Mortgage Moratoriums by the Central Bank of Kenya

Why Credit Reference regulations were updated in 2020

CRB (Credit Reference Bureau) 2020 Regulations

The UK

Pre-Auction Protocol – What to Expect as a Borrower

UK Guidelines for dealing fairly with Customers in Arrears (FCA)

Mortage Moratoriums – UK Style

The European Union (EU)

The Mortgage Credit Directive (MCD) provides in Article 28 that Member States shall adopt measures to encourage creditors to exercise reasonable forbearance with consumers in arrears before they initiate foreclosure proceedings .

EU Final Report on Guidelines for Arrears and Foreclosures

European Banking Authority (EBA) on Good Practices for Treatment of Borrowers in Mortgage Payment Difficulties

South Africa

I have defaulted and I am about to be auctioned

A lawyer ponders the need for a specialised Foreclosure Act