Archives For: Industry Updates
State Supreme Court Issues Foreclosure Ruling
DS News published an article outlining a recent Wisconsin Supreme Court case where it was decided that claim preclusion does not prevent a lender from bringing further foreclosure actions if a borrower remains in default after the initial dismissal.
8 Jun 2018
Cleveland Heights May Explore Bond Ordinance
Cleveland.com published an article discussing the ongoing review by the city of Cleveland Heights, Ohio, of a proposed “foreclosure bond” requirement.
7 Jun 2018
MBA Finds Stevens Successor: Meet the New President and CEO
HousingWire published an article discussing the Mortgage Bankers Association’s (MBA) selection of Robert Broeksmit as its new president and CEO. Broeksmit will join the organization officially on August 20, 2018.
7 Jun 2018
The Way Forward
The Monroe County (N.Y.) Vacant and Abandoned Property Task Force issued an annual report providing recommendations to bolster foreclosure prevention and directly engage the issue of distressed properties.
7 Jun 2018
Blight Bills Active in New York
A11000 was introduced and referred to the Judiciary Committee on May 29, 2018 and A02419/S07968 was referred to the Judiciary Committee on January 3, 2018.
4 Jun 2018
Rep. San Buenaventura Asks Governor to Issue Executive Orders Supporting Housing for Kilauea Eruption Evacuees
Hawaii 24/7 posted a media release outlining a request for three executive orders from Representative Joy A. San Buenaventura (HI, Dist. 4 Puna) to Governor David Ige. Among the orders is the request for a waiver of the landlord-tenant code, which would allow vacant properties in the foreclosure process to be rented.
2 Jun 2018
2018 Hurricane Storm Surge Damage Could Top $1 Trillion
DS News published an article providing an overview of a recent report released by CoreLogic.
31 May 2018
Proposed Vacant Building Ordinance Draws Objections
The New Castle News published an article discussing a newly proposed foreclosure bond ordinance in New Castle, Pa.
24 May 2018
Trump Signs Dodd-Frank Reform Bill
On May 24, 2018, Senate Bill 2155 (Economic Growth, Regulatory Relief, and Consumer Protection Act) was signed into law by President Donald Trump.
24 May 2018
The Empty House Next Door
The Lincoln Institute of Land Policy and the Center for Community Progress published a report that lays the groundwork for exploring the issue of vacancy by defining what is meant by a “vacant” property, what constitutes a “healthy” vacancy rate, how vacant properties are measured, and why properties become vacant and abandoned.
15 May 2018