Archives For: Industry Updates
Foreclosure Proceedings Bill Approved in Florida
FL SB 220 (Bankruptcy Matters in Foreclosure Proceedings) was approved by Governor Rick Scott on March 19, 2018.
19 Mar 2018
Lawsuit Against City Officials Allege Vacant Property Registry Violates Fourth Amendment
MLive.com published an article outlining a recently filed federal class-action lawsuit against two Saginaw, Mich., city officials, alleging that language included on the city’s vacant property registration application violates amendment rights of property owners.
19 Mar 2018
Securing Foreclosure Protections for Veterans
DS News published an article outlining passed legislation designed to help protect military servicemembers and their families from foreclosure.
17 Mar 2018
Oyster Bay Bans Use of Plywood to Cover ?Zombie? Houses
Newsday published an article discussing a new ordinance adopted by the Town of Oyster Bay, New York, that bans the use of plywood for boarding up foreclosed homes and mandates the use of clear, impact resistant polycarbonate. Additionally, the legislation requires a $25,000 bond on residential vacant properties that have had a “foreclosure action” commenced, without a requirement to register the property with the municipality.
18 Feb 2018
Clearboarding Bills Proposed in Maryland and New York
MD HB 1079 was introduced and had its first reading on February 7, 2018 and NY A6806A was referred to the Judiciary Committee on January 3, 2018.
13 Feb 2018
Pertinent Bills Advance in Massachusetts
Two Pieces of proposed legislation associated with foreclosure and abandoned property registration have been updated in the Massachusetts Legislature.
8 Feb 2018
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