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HUD Awards New Mortgagee Compliance Manager Contract
On June 16, DS News published an article discussing the decision by the U.S. Department of Housing and Urban Development (HUD) to award Information Systems & Network (ISN) with a contract to serve as Mortgage Compliance Manager (MCM).
17 Jun 2015
Linda Erkkila Weighs in on Ohio Putting Foreclosure to the “Fast-Track”
DS News released an installment of an ongoing series known as Counsel’s Corner. This particular installment, titled Counsel’s Corner: Fast-Track Foreclosure Bill Will Put Ohio Housing and Economy On the Right Track, featured Safeguard Properties General Counsel Linda Erkkila discussing OH HB 134, a bill that would expedite or “fast-track” the forclosure process for vacant and abandoned properties.
15 Jun 2015
Lackawanna County Commissioners Introduce Land Bank Ordinance
On June 4, thetimes-tribune.com (Scranton) published an article discussing the first reading of an ordinance by Lackawanna County, PA commissioners that would create a land bank.
12 Jun 2015
Florida HB 779 Aims to Protect Renters From Swift Evictions
On June 4, the Sun Sentinel released an article titled New law gives renters more protection.
12 Jun 2015
Glens Falls, NY Set to Begin Eminent Domain Proceedings
On May 27, the Glens Falls Post-Star published an article titled City to use eminent domain to pressure banks to clean up foreclosure properties.
12 Jun 2015
Milwaukee May Expedite Tax Foreclosures to Crack Down on Delinquent Landowners
On May 31, the Milwaukee – Wisconsin Journal Sentinel published an article discussing a proposed measure that would accelerate the city of Milwaulee’s ability to foreclose on vacant, tax-delinquent properties.
12 Jun 2015
Oversight of Mortgage Servicers Increased in Hawaii
On June 4, National Mortgage News (The Honolulu Star-Advertiser) released an article discussing Senate Bill 1093, newly enacted by Governor David Ige.
12 Jun 2015
Benjamin Lawsky Declares New York’s Foreclosure System ‘Broken’
On May 20, the New York Law Journal published an article titled State Banking Regulator Calls for Foreclosure Changes.
11 Jun 2015
Connecticut Foreclosure Mediation Program Extended Through 2019
On May 27, The Hartford Courant published an article titled House Overwhelmingly Approves Extension Of Foreclosure Mediation.
11 Jun 2015
Governor Cuomo Announces Major Mortgage Companies Agree to Measures to Combat Vacant Abandoned ?Zombie Properties”
On May 18, New York Governor Andrew Cuomo issued a press release announcing the adoption of a set of best practices by 11 financial institutions to address vacant and abandoned properties.
11 Jun 2015
Keep America Beautiful Releases National Report Addressing Community Impacts of Blighted Properties
On May 27, Keep America Beautiful issued a press release announcing the release of a new report titled Charting the Multiple Meanings of Blight: A National Literature Review on Addressing the Community Impacts of Blighted Properties.
11 Jun 2015
FEMA Declared Disaster Guam
On June 5, FEMA issued a Presidential Major Disaster Declaration for areas in Guam as a result of Typhoon Dolphin May 13-15.
9 Jun 2015
Fannie Mae File Transfer Portal Version 4.0 Release Notes
On June 5, Fannie Mae announced the implementation of File Transfer Portal Version 4.0, scheduled for the weekend of July 11, 2015.
8 Jun 2015
Fannie Mae Standard Modification Interest Rate Adjustment
On June 5, Fannie Mae issued Servicing Notice: Fannie Mae Standard Modification Interest Rate Adjustment.
8 Jun 2015
FHA INFO #15-43: Extension of the Implementation Date for Mortgagee Letter 2015-07: Trial Payment Plans Associated with HUD?s Loss Mitigation Loan Modification Options for Forward Mortgages
On June 3, the U.S. Department of Housing and Urban Development (HUD) released single family housing news and updates in FHA INFO #15-43.
8 Jun 2015
MHA Program Handbook Version 4.5; Administrative Clarifications Issued
On June 1, Making Home Affordable (MHA) released an update titled MHA Program Handbook Version 4.5; Administrative Clarifications Issued.
8 Jun 2015