Archives For: Industry Updates
Court Temporarily Halts Evictions of 2,000 Puerto Rican Disaster Victims
HousingWire published an article discussing a recent decision from the U.S. District Court of Massachusetts.
2 Jul 2018
Foreclosure Prevention and Community Stabilization Activities Under CRA
Regulatory agencies continue to promote the preservation of affordable housing opportunities, including various disposition strategies for Real Estate Owned (REO) properties in accordance with the Community Reinvestment Act (CRA).
2 Jul 2018
Advocates Urge R.I. to Extend Foreclosure Protection for Homeowners
DS News released an article discussing the passage of S 2270 Sub A (An Act Relating to Property — Mortgage Foreclosure and Sale — Mediation Conference).
27 Jun 2018
Ordinance Banning Plywood Introduced in Chicago
Ordinance O2018-5052 (Amendment of Municipal Code Chapter 13-12 prohibiting use of plywood or wood-based material for securing vacant buildings) was introduced in the Chicago, Ill., City Council and was assigned to the Committee on Finance.
27 Jun 2018
New Dallas Initiative Targets Neighborhoods with Repeat Code Complaints
WFAA ABC 8 published an article outlining a new pilot program in Dallas, Texas, that will allow city staff to address repeated resident complaints relating to code enforcement and other neighborhood issues. The program, called the “Targeted Action Plan”, will begin in District 4 and then spread across other areas of the city.
25 Jun 2018
Pintor Marin & Calabrese Bill to Establish Protections for New Homeowners of Foreclosed Properties Approved by Assembly
Insider NJ posted a press release discussing the passage of A3366 (“Requires provisions regarding sellers’ obligation to deliver marketable and insurable title in certain residential real estate contracts of sale”) in the New Jersey Assembly. The bill has since been received in the Senate and referred to the Commerce Committee.
25 Jun 2018
Zombie Property Act Introduced in New York
AB 1563 (Zombie Property Remediation Act of 2017) recently advanced in the New York Assembly and has been referred to the Assembly Codes Committee.
20 Jun 2018
Appeals Court Addresses Foreclosures & Promissory Notes
DS News published an article discussing a recent New Jersey appeals court contested foreclosure case.
20 Jun 2018
Bill to Lower Foreclosure Process Gains Momentum
PA HB 653 was signed by Governor Tom Wolf on June 19, 2018.
19 Jun 2018
Climate Change Threatens More Than 300,000 Coastal Homes
HousingWire published an article outlining a new report from the Union of Concerned Scientists (UCS).
19 Jun 2018