Archives For: Industry Updates
Maryland Expedited Foreclosure Bill Passes Assembly
The Office of the Commissioner of Financial Regulation (Maryland Department of Labor, Licensing and Regulation) issued an advisory announcing the creation of a new form that is to be used by secured parties in expedited foreclosure proceedings for vacant and abandoned properties.
31 Oct 2017
Senators Klein & Bailey, Mayor Thomas, Unveil ?Nightmare Neighbor Task Force? to Identify & Take Action on Abandoned Properties in Mount Vernon
The office of New York State Senator Jeffrey D. Klein issued a news release discussing the creation of a “Nightmare Neighbor Task Force” and the release of new report titled Nightmare Neighbors: How Badly Maintained Homes Damage Neighborhoods.
16 Oct 2017
Irma Affected More Than 90% of Florida’s Mortgaged Properties
National Mortgage News published an article discussing the scope of the damage caused by Hurricane Irma. Included are pertinent comments regarding properties/loans located in Puerto Rico in light of the current path of Hurricane Maria.
18 Sep 2017
Insurance Companies Accused of Misguiding Claimants
Daily Business Review posted an article discussing instances after Hurricane Irma where insurance companies and their agents are allegedly advising policyholders not to hire attorneys and public adjusters, which is not permitted under state law.
15 Sep 2017
Battling Blight: Four Ways Cities Are Using Data to Address Vacant Properties
Data-Smart City Solutions published an article discussing ways several American cities are utilizing digital and data-driven strategies to address vacant and abandoned properties.
21 Aug 2017
Are NPL and RPL Markets the Key to Investor Growth?
DS News published an article exploring a new report from Semper Capital Management.
9 Aug 2017
NMSA Calls for Clarification of the Definition of Robocalls
MReport published an article discussing a statement made by the National Mortgage Servicing Association (NMSA) to the Federal Communications Commission (FCC).
1 Aug 2017
What?s Wrong in Servicing?
DS News published an article highlighting a recent online discussion organized by the Urban Institute that brought industry experts together to explore mortgage servicing costs, complexities and risks.
28 Jul 2017
New York City Guarantees Legal Representation to Low-Income Residents Facing Eviction
HousingWire published an article discussing legislation newly approved by the New York City Council.
21 Jul 2017
A Primer on Subservicing Relationships
MortgageOrb published an article exploring subservicing and its role in a post-recession mortgage servicing industry.
19 Jul 2017