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Indianapolis Amends Code for Vacant Building Standards
On July 14, the Indianpolis Star published an article titled Council passes ‘zombie homes’ ordinance.
21 Jul 2015
Nevada HOA Foreclosures Cannot Extinguish Deeds of Trust Held by Fannie Mae, Holds U.S. District Court
On June 25, Jon H. Patterson and R. Aaron Chastain of Bradley Arant Boult Cummings LLP authored an article discussing a recent decision by the U.S. District Court for the District of Nevada.
21 Jul 2015
Arma Establishes Land Bank
The Morning Sun (Pittsburg) published an article discussing a decision by Arma, Kansas City Council to authorize the creation of a land bank.
20 Jul 2015
Milwaukee Council Approves Ordinance Identifying Homes Near Foreclosure
On June 23, the Milwaukee-Wisconsin Journal Sentinel published an article titled Aldermen pass measure targeting zombie houses.
17 Jul 2015
FEMA Declared Disaster Wyoming
On July 15, 2015, FEMA issued an update to a Presidential Major Disaster Declaration for areas in Wyoming as a result of severe storms and flooding May 24 to June 6, 2015.
16 Jul 2015
Fannie Mae: Servicer Expense Reimbursement Job Aid Updated
On July 15, Fannie Mae announced an update to the Servicer Expense Reimbursement Job Aid. The job aid provides operational instructions based on servicing policies.
16 Jul 2015
Springfield Township, OH Approves Land Bank Resolution
On June 18, Akron.com released an article titled Springfield officials creating land bank.
10 Jul 2015
FEMA Declared Disaster Kentucky
On July 9, FEMA issued an update to a Presidential Major Disaster Declaration for areas in Kentucky as a result of severe winter storms, snowstorms, flooding, landslides and mudslides March 3-9.
10 Jul 2015
Land Bank Measure Moves Back to Kingston Common Council for Consideration
On June 21, the Daily Freeman published an article discussing a Kingston, NY land bank creation proposal that was previously referred back to the Laws and Rules Committee for further consideration.
9 Jul 2015
FHLMC Guide Bulletin 2015-11 Announces Borrower Solicitation and Effective Date Changes
On July 8, Freddie Mac released an update titled Guide Bulletin 2015-11 Announces Borrower Solicitation and Effective Date Changes.
9 Jul 2015
Remediating Abandoned, Inner City Buildings Reduces Crime and Violence in Surrounding Areas, Penn Study Finds
The University of Pennsylvania Perelman School Of Medicine issued a news release discussing a recent study conducted by University researchers.
8 Jul 2015
Fannie Mae Standard Modification Interest Rate Adjustment
On July 7, Fannie Mae issued Servicing Notice: Fannie Mae Standard Modification Interest Rate Adjustment.
8 Jul 2015
Fannie Mae SVC-2015-10 Servicing Guide Updates
On July 8, Fannie Mae released Servicing Guide Announcement SVC-2015-10, subtitled Servicing Guide Updates.
8 Jul 2015
FHA Proposes Deadline for Lenders to File Claims
On July 6, the U.S. Department of Housing and Urban Development (HUD) issued a press release announcing the publishing of a proposed rule that would establish a maximum time period within which a Federal Housing Administration (FHA) approved mortgagee must file a claim for insurance benefits.
8 Jul 2015
GAO-15-670: Troubled Asset Relief Program: Treasury Could More Consistently Analyze Potential Benefits and Costs of Housing Program Changes
On July 6, the U.S. Government Accountability Office (GAO) released GAO-15-670, a report subtitled Troubled Asset Relief Program: Treasury Could More Consistently Analyze Potential Benefits and Costs of Housing Program Changes.
8 Jul 2015
VA Circular 26-15-16 Auction Service for the Termination of VA Loans
On July 1, the U.S. Department of Veterans Affairs (VA) released Circular 26-15-16, subtitled Auction Service for the Termination of VA Loans.
8 Jul 2015