Archives For: Industry Updates
DS News published an article authored by Wright Finlay & Zak Partner Robert Finlay and Attorney Luke I. Wozniak. The article provides an analysis of recent Washington State case law that could directly impact mortgage servicers that attempt to foreclosures on borrowers who have previously experienced bankruptcy.
4 Apr 2019
HB 270 (relative to commencement of foreclosure by civil action) passed the New Hampshire House of Representatives in March and currently is making its way through the Senate. If enacted, the bill would require that mortgage foreclosures be commenced by civil actions brought in superior court and would modify the period redemption for a mortgage.
1 Apr 2019
A4999 (concerning residential mortgage foreclosures) passed the New Jersey Senate. The bill aims to require a creditor that files a residential foreclosure complaint to provide contact information for the party responsible for property care with the summons and complaint in Superior Court, and with the lis pendens filed with the office of the county clerk or register of deeds and mortgages.
25 Mar 2019
HousingWire published an article outlining a new Supreme Court ruling that has awarded mortgage lenders and servicers additional protection when serving non-judicial foreclosures.
20 Mar 2019
The U.S. Department of Housing and Urban Development (HUD) announced the approval of the State of Missouri’s disaster action plan, which will invest $58.5 million to support the state in its recovery from the effects of severe storms, tornadoes, high winds and flooding that occurred in the Spring of 2017.
15 Mar 2019
The U.S. Department of Housing and Urban Development (HUD) announced the approval of the State of California’s disaster action plan, which will invest $124 million to support the state in its recovery from the effects of deadly wildfires and mudslides that occurred in December 2017.
15 Mar 2019
The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing the approval of the State of Georgia’s disaster action plan, which will invest $38 million to support the state in its recovery from the effects of deadly tornadoes in January of 2017 as well as the impact of Hurricane Irma.
15 Mar 2019
The Vindicator published an article outlining soon-to-be proposed legislation in Youngstown, Ohio, that would create a $500 fee for property owners who perform large-scale clean outs and leave the trash for city pick-up. The ordinance is expected to be introduced at the April 3, 2019, city council meeting.
14 Mar 2019
The Baker City Herald released an article discussing a recently passed Baker, Ore., ordinance that will allow the Baker Justice Court judge to block access to properties the judge deems “chronic neighborhood nuisances”.
13 Mar 2019
The SJ Post published a report announcing the passage of HB 821 through the Missouri House of Representatives. The bill aims to allow the City of St. Joseph to create a land bank to directly engage 450 vacant structures in violation of its Property Maintenance Code.
7 Mar 2019