Archives For: Industry Updates
NJ Land Bank Bill Lands in Assembly
S-1214 was received in the New Jersey Assembly and had a second reading. The bill would allow for the creation of municipal land banks in conjunction with online property database development.
15 Jan 2019
The Shutdown’s Impact on Financial Services
National Mortgage News published an article discussing how financial services are most affected by the ongoing federal government shutdown.
13 Jan 2019
Mortgage Industry Chief Gets Some Federal Employees Back to Work with Pay
The Real Deal posted an article (originally published by The Washington Post) highlighting the recent lobbying efforts of Mortgage Bankers Association (MBA) President and CEO Robert Broeksmit.
13 Jan 2019
Democrats Move to Prevent Foreclosures, Evictions on Unpaid Federal Workers
HousingWire published an article outlining the newly proposed Federal Employee Civil Relief Act (S.72). The bill aims to prohibit landlords and creditors from taking action against federal workers or contractors who are affected by a government shutdown and unable to pay their rent, mortgages, or other loans.
11 Jan 2019
Servicers Treating Government Shutdown Like a Natural Disaster
National Mortgage News published an article discussing ways mortgage servicers are engaging the current federal government shutdown.
4 Jan 2019
Foreclosures in the Big Apple
DS News published an article outlining a recent report from Property Shark detailing fourth quarter 2018 foreclosure activity in New York City.
4 Jan 2019
Cuyahoga County Considers Sweeping Housing Program to Stabilize Neighborhoods
Cleveland.com published an article outlining a proposed Cuyahoga County, Ohio, plan aiming to stabilize home values and eliminate blight. The plan also would redirect the county land bank to focus on property rehabilitation as opposed to demolition.
4 Jan 2019
Rockford Approves Land Bank to Clean-Up Problem Properties
WREX NBC 13 issued a report confirming an approved land bank agreement between the City of Rockford, Ill., and several counties.
2 Jan 2019
Happy Holidays, the Government is Still Shut Down
HousingWire published an article outlining the effects of the partial federal government shutdown on the housing industry.
26 Dec 2018
Servicers’ Status for 2019? It’s Complicated
National Mortgage News published an article offering a preliminary outlook for mortgage servicing for the coming year.
24 Dec 2018