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Arena Deal Gives City Tools on Foreclosed Homes, Unregistered Cars

A recent article released by the Milwaukee Journal Sentinel discussed Senate Bill 209, a piece of legislation that includes a “provision that forces buyers of foreclosed properties from Milwaukee County sheriff’s sales to record their deeds.

22 Jul 2015

Northern Schuylkill COG Works to Establish County?s First Land Bank

Republicanherald.com published an article discussing the efforts of the Northern Schuylkill (PA) Council of Governments to establish a county-based land bank.

22 Jul 2015

Bill Aims to Target Blighted Property Problem in Maine Cities

On June 30, ME LD 1203/SP 430 was enacted by the Senate after a vote to override a veto by Governor Paul LePage. 

 

21 Jul 2015

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

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