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City Targeting Vacant Buildings for Demolition to Reduce Crime
CBS Chicago released an article discussing the plan of the Chicago Department of Buildings to demolish hundreds of vacant homes mostly concentrated in four police districts.
23 Feb 2016
Proposed Legislation in Maryland Aims to Regulate Foreclosed Property Maintenance and Registration
Two similar bills targeting foreclosed properties (HB 0664 and HB 1171) have recently been introduced into the Maryland General Assembly.
23 Feb 2016
CFPB Prepared Remarks of Richard Cordray
The Consumer Financial Protection Bureau (CFPB) issued a press release containing the prepared remarks of Richard Cordray at the the Credit Union National Association.
23 Feb 2016
VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) released a VALERI Servicer Newsflash containing information on Servicer Transfer Events, Security Awareness Password Resets, State Foreclosure and Statutory Bid Information and M26-4, VA Servicer Handbook.
23 Feb 2016
Freddie Mac: Four Questions to Get Back to Basics With Fraud Prevention
Freddie Mac released an article aimed at helping organizations assess their fraud prevention readiness.
22 Feb 2016
Get ready: Regulators are Looking Hard at Cybersecurity of Third-Party Vendors
HousingWire published an article outlining a panel at the Mortgage Bankers Association (MBA) Servicing Conference which examined data security threats servicers need to address.
20 Feb 2016
Rhode Island Supreme Court Gives HOAs Priority Above Mortgage Liens
HousingWire published an article discussing the Supreme Court of Rhode Island’s support of the homeowner’s association “super priority” concept.
19 Feb 2016
Rhode Island to Get $9.68 Million More From Hardest Hit Fund to Stave Off Foreclosures
The Providence Journal published an article discussing an announcement from the office of U.S. Senator Jack Reed (D-RI) in regards to foreclosure funding made available by the U.S. Treasury Department’s Hardest Hit Fund.
19 Feb 2016
Treasury Announces Additional Investment in Hardest Hit Fund
The U.S. Department of the Treasury issued a press release announcing that it will invest an additional $2 billion in funds for assistance to struggling homeowners and communities.
19 Feb 2016
HUD Makes $40 Million Available for Housing Counseling Grants
The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing financial support for hundreds of housing counseling organizations across the country that can assist families with purchasing their first home, locating affordable rental housing or avoiding foreclosure.
19 Feb 2016
‘Flare-Ups’ of Bad Loans Still a Risk to Mortgage Servicers
National Mortgage News published an article highlighting an interview with LRES Chief Executive Roger Beane which took place at the Mortgage Bankers Association (MBA) Servicing Conference.
18 Feb 2016
How to Prevent Zombie Foreclosures and Improve Neighborhoods
The Judicial Edge published an article authored by Gregg Hagopain, assistant city attorney for the City of Milwaukee, WI. In it, Hagopain discusses how judicial supervision of mortgage foreclosure cases can help prevent zombie foreclosures.
18 Feb 2016
Servicers Seek More Say in Regs that Threaten Profits
National Mortgage News published an article highlighting discussion of servicer regulation and compliance costs at the Mortgage Bankers Association (MBA) Servicing Conference in Orlando, Florida.
18 Feb 2016
Vacant and Abandoned Properties: An ?Issue of National Concern?
DS News released an article discussing an industry panel moderated by Five Star Institute President and CEO Ed Delgado taking place at the Mortgage Bankers Association (MBA) Servicing Conference.
18 Feb 2016
FHFA Prepared Remarks of Melvin Watt
The Federal Housing Finance Agency (FHFA) released the prepared remarks of Melvin L. Watt at the Bipartisian Policy Center.
18 Feb 2016
FEMA Declared Disaster Alaska
On February 17, 2016, FEMA issued a Presidential Major Disaster Declaration for areas in Alaska as a result of a severe storm that took place December 12-15, 2015.
17 Feb 2016