Archives For: Industry Updates
Cities Now Use Taxes to Fight Blight. Is It Working?
Governing Magazine published an article discussing the concept of utilizing property taxes to address blight.
14 May 2018
When the Waters Recede: Helping Homeowners After Hurricane Harvey
DS News published an article discussing several ways the mortgage industry has responded to the needs of homeowners in the wake of Hurricane Harvey.
11 May 2018
Expedited Foreclosure Process Bill Introduced in New Jersey
NJ A3823 (Concerns expedited process for foreclosing vacant and abandoned residential properties in uncontested actions) has been changed to A2085 for the current session and remains in the Assembly Housing and Community Development Committee. An identical Senate bill, S1243, is a carryover of S1832 from the previous session and is pending in the Senate Community and Urban Affairs Committee.
30 Apr 2018
Future is Uncertain for State’s Groundbreaking Foreclosure Mediation Program
The Hartford Courant published an article discussing CT HB 5495 (An Act removing the sunset date for the Foreclosure Mediation Program).
26 Apr 2018
Maryland Foreclosure Procedure Bill Approved by Governor
MD HB 78 was signed into law by Governor Larry Hogan on April 24, 2018. The bill will require the Department of Labor, Licensing, and Regulation to establish procedures that require a foreclosure purchaser to submit to the Foreclosed Property Registry any change to certain information within 21 days after the change is known to the purchaser.
24 Apr 2018
How These Hurricane-Ravaged States Have Avoided a Housing Disaster — So Far
CNN released a report discussing the housing market following the 2017 hurricane season.
22 Apr 2018
Cortez Masto Introduces FHA Foreclosure Prevention Act of 2018
The office of U.S. Senator Catherine Cortez Masto (D-NV) issued a press release announcing the introduction of S.2698 (A bill to make necessary reforms to improve compliance with loss mitigation requirements by servicers of mortgages for single family housing insured by the FHA, and for other purposes).
19 Apr 2018
Senate Addresses Robocalls: What Mortgage Servicers Need to Know
DS News published an article highlighting a recent Senate hearing on robocalls.
18 Apr 2018
The Fault Line?s Implications on California Housing
MReport published an article highlighting a recent CoreLogic report that explores the potential impact an earthquake along the California Hayward fault could have on communities located in the San Francisco East Bay area.
18 Apr 2018
Duffy & Perlmutter Introduce CFPB Transparency Legislation
The office of U.S. Representative Sean Duffy (R-WI) issued a press release announcing the introduction of H.R. 5534 (GUIDE Compliance Act), which aims to bring more transparency to the Consumer Financial Protection Bureau’s (CFPB) guidance process.
17 Apr 2018