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New Dallas Initiative Targets Neighborhoods with Repeat Code Complaints
WFAA ABC 8 published an article outlining a new pilot program in Dallas, Texas, that will allow city staff to address repeated resident complaints relating to code enforcement and other neighborhood issues. The program, called the “Targeted Action Plan”, will begin in District 4 and then spread across other areas of the city.
25 Jun 2018
Pintor Marin & Calabrese Bill to Establish Protections for New Homeowners of Foreclosed Properties Approved by Assembly
Insider NJ posted a press release discussing the passage of A3366 (“Requires provisions regarding sellers’ obligation to deliver marketable and insurable title in certain residential real estate contracts of sale”) in the New Jersey Assembly. The bill has since been received in the Senate and referred to the Commerce Committee.
25 Jun 2018
HUD: $5 Billion Texas Disaster Recovery Plan Approved
The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing the approval of a disaster recovery plan to help Texans recover from Hurricane Harvey.
25 Jun 2018
USDA: NEW ESR RESOURCES! Electronic Status Reporting (ESR) User Guide and Trainings Available Online!
The U.S. Department of Agriculture (USDA) announced a new Electronic Status Reporting (ESR) User Guide and training opportunities for servicing partners.
22 Jun 2018
FHFA: Foreclosure Preventions Top 4.1 Million In FHFA’s 2018 First Quarter Report”
The Federal Housing Finance Agency (FHFA) issued a press release outlining its First Quarter 2018 Foreclosure Prevention Report.
21 Jun 2018
Freddie Mac: Single Security Poll ? Are You On Track?
Freddie Mac issued a release detailing a readiness poll taken at the Single Security conference on May 14, 2018.
21 Jun 2018
Freddie Mac: Single Security Tabletop Market Readiness Testing
Freddie Mac issued a release announcing a joint exercise with Fannie Mae that will explore Single Security key security activities.
21 Jun 2018
Zombie Property Act Introduced in New York
AB 1563 (Zombie Property Remediation Act of 2017) recently advanced in the New York Assembly and has been referred to the Assembly Codes Committee.
20 Jun 2018
Appeals Court Addresses Foreclosures & Promissory Notes
DS News published an article discussing a recent New Jersey appeals court contested foreclosure case.
20 Jun 2018
Fannie Mae: Ask Poli Is Here to Help; Imminent Default Policy Going Into Effect Next Month
Fannie Mae issued a release highlighting information relevant to servicers and sellers.
20 Jun 2018
Freddie Mac: U.S. Treasury Supports the Single Security
Freddie Mac issued a release highlighting U.S. Treasury Counselor to the Secretary Craig Phillips’ expressed support for the Single Security.
20 Jun 2018
Bill to Lower Foreclosure Process Gains Momentum
PA HB 653 was signed by Governor Tom Wolf on June 19, 2018.
19 Jun 2018
Climate Change Threatens More Than 300,000 Coastal Homes
HousingWire published an article outlining a new report from the Union of Concerned Scientists (UCS).
19 Jun 2018
Redevelopment Authority Bill Approved in Pennsylvania
HB 667 was signed by Governor Tom Wolf. The legislation will grant redevelopment authorities the same power currently utilized by land banks through the Pennsylvania Land Bank Act.
19 Jun 2018
Why the Pennsylvania Anti-Blight Bills Make Good Sense
DS News published an article discussing the passage of HB 653 and 667. Included are comments from late Safeguard Properties Founder Robert Klein from a November 2017 interview.
19 Jun 2018
Waters Introduces Bill to Increase FHFA Foreclosure Oversight
HousingWire published an article outlining the introduction of H.R. 6102 (Homeowners Mortgage Servicing Fairness Act of 2018) by U.S. Representative Maxine Waters (D-CA) on June 14, 2018.
18 Jun 2018