Archives For: Industry Updates
New Year Brings New Industry Legislation
Several new pieces of legislation impacting mortgage loan servicing and property preservation have been introduced in multiple states.
7 Feb 2018
Property Maintenance Legislation Re-Introduced in New Jersey
NJ S1423, a bill that aims to require creditors to maintain the interior of foreclosed vacant and abandoned residential property has been re-introduced by Senator Jeff Van Drew (D).
1 Feb 2018
House Bill Targets Owners of Blighted Properties
The Columbus Dispatch published an article discussing HB 482, which was introduced in the Ohio Legislature on January 30, 2018.
31 Jan 2018
Housing Transition Team Advises Murphy: First, Acknowledge the Crisis
NJ Spotlight released an article highlighting a report from the New Jersey Housing Transition Advisory Committee that sets six priorities for increasing housing stock and keeping people in their homes.
31 Jan 2018
Legal Update: Focus on FEMA and Foreclosures
DS News published an article discussing moratoriums resulting from Presidential Major Disaster Declarations.
31 Jan 2018
Appeals Court Expands Ohio Statute of Limitations Decision
DS News published an article discussing a recent action by the Ohio Eighth District Court of Appeals.
30 Jan 2018
Residential Redemption Laws Proposed in Two States
Recently, HB 90, HSB 531 and SSB 3053 were introduced in Alabama and Iowa.
30 Jan 2018
Ohio Courts Could Change Course for Chapter 13 Bankruptcy
DS News published an article exploring recent bankruptcy cases in the state of Ohio.
29 Jan 2018
Expedited Foreclosure Bill Introduced in New Jersey
SB 1243 was introduced by New Jersey Senator Ronald Rice on January 25, 2018. The bill is pending in the Senate Community and Urban Affairs Committee.
25 Jan 2018
Massachusetts Appeals Court Clarifies Demand Letter Ruling
DS News published an article outlining a Massachusetts Appeals Court case that provided further clarification on when the Pinti rule may be inapplicable.
25 Jan 2018