Archives For: Industry Updates
NMSA Welcomes Additional Wells Fargo Representation
MReport published an article highlighting an announcement from the National Mortgage Servicing Association (NMSA) confirming the membership of Wells Fargo Home Mortgage (WFHM) SVP and Head of Servicing Change Delivery Gui Kahl.
18 Jul 2017
Missouri Bill Calls for Property Manager Listing
The Kansas City Star published an article discussing MO SB 111. The bill, which was signed by Governor Eric Greitens on July 11, 2017, will require limited liability companies (LLC) that manage property in Kansas City to file an affidavit that names a person responsible for the property.
12 Jul 2017
Georgia Adopts Provisions Regarding Mortgage Servicing
The State of Georgia Department of Banking and Finance issued a bulletin outlining several new provisions that went into effect on July 19, 2017.
7 Jul 2017
Floral Park Eyes Cash for Zombie House Maintenance
An ordinance that would provide money for the maintenance of abandoned homes that are under foreclosure was recently adopted by the Village of Floral Park, N.Y.
6 Jul 2017
City of Las Vegas Develops New Tool in Fight Against Squatters
The Las Vegas Sun published an article discussing a recent decision by the Las Vegas City Council that expanded the types of properties that can be added to the city’s registry of vacant properties.
6 Jul 2017
Vacant Housing Registry is Illegal Investors Claim in Lawsuit
NJ.com published an article outlining a lawsuit that questions the legality of a vacant property registration program in Gloucester County, NJ.
6 Jul 2017
The Hope of High Tech
DS News released an article exploring the continued development and sophistication of mortgage servicing technology.
6 Jul 2017
Blight Laws And The Movement Away From Plywood
Servicing Management published an article authored by Natalia Steele, partner at Vorys, Sater, Seymour and Pease LLP. In it, Steele outlines recent actions that have been taken to utilize polycarbonate window and door coverings to secure vacant properties.
28 Jun 2017
Trump Picks Pam Patenaude to Serve as HUD Deputy Secretary
HousingWire published an article discussing the advancement of U.S. Department of Housing and Urban Development (HUD) Deputy Secretary nominee Pam Patenaude for full Senate approval.
14 Jun 2017
County Lawmakers Seek Remedy for Zombie Homes
Recently, New York Assemblyman Michael Kearns (D-Buffalo) and Senator Patrick Gallivan (R-Elma) proposed legislation that aims to decrease the time a vacant property may sit in foreclosure in Erie County.
14 Jun 2017