Archives For: Industry Alerts
New Maryland Bill Gives Baltimore Leaders New Tool to Fight Vacant Property Crisis
A new Maryland bill will allow local jurisdictions to tax vacant properties at a higher rate, allowing cities to foreclose on more vacant homes.
1 May 2024
FEMA Major Disaster Declaration – Oklahoma Severe Storms, Straight-line Winds, Tornadoes, and Flooding
FEMA has issued a Major Disaster Declaration for the state of Oklahoma in areas affected by severe storms, straight-line winds, tornadoes, and flooding beginning April 25, 2024 and continuing.
30 Apr 2024
Fitchburg Vacant Property Registration Requirement Now Live
The Fitchburg Vacant Property Registry, designed to help the city tackle the issue of blighted, disused, and abandoned properties is now live.
30 Apr 2024
FEMA Major Disaster Declaration – Washington Severe Winter Storms, Straight-line Winds, Flooding, Landslides, and Mudslides
FEMA has issued a Major Disaster Declaration for the state of Washington in areas affected by severe winter storms, straight-line winds, flooding, landslides and mudslides from Jan. 5-29, 2024.
28 Apr 2024
FEMA Major Disaster Declaration – Kansas Severe Winter Storm
FEMA has issued a Major Disaster Declaration for the state of Kansas in areas affected by a severe winter storm from Jan. 8-16, 2024.
28 Apr 2024
Casper Declares War on ‘Dangerous’ Run-Down and Neglected Properties
The city of Casper, WY is cracking down on abandoned properties and dangerous eyesores that are affected neighborhood home values through rehab and demolition.
26 Apr 2024
CoreLogic: US Mortgage Delinquency, Foreclosure Rates Hover Near Historic Lows in February
CoreLogic reports that in February 2024, 2.8% of US mortgages were in some stage of delinquency, down year-over-year from February 2023.
25 Apr 2024
Proposed Seattle Vacant Building Demolition Bill Could Cost City Up to $500K
An emergency bill to allow the Seattle Fire Department to conduct demolition of unsafe buildings could cost the city up to $500K this year.
24 Apr 2024
Share of Mortgage Loans in Forbearance Remains at .22% in March
The MBA monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance remained unchanged at .22% in March 2024.
22 Apr 2024
ICE First Look at Mortgage Performance: Serious Delinquencies at Lowest Since Mid-2006 as Foreclosures Drop, Prepayments Rise
ICE revealed its ‘First Look’ at March 2024 month-end mortgage performance, reporting the national delinquency rate dropped to 3.20%.
22 Apr 2024