Archives For: Industry Updates
Menendez Bill Would Help Homeowners at Risk of Foreclosure Stay in Their Homes
On June 16, the office of U.S. Senator Robert Menendez (D-NJ) issued a press release discussing the introduction of the Preserving American Homeownership Act of 2015.
7 Jul 2015
Harvard’s Joint Center for Housing Studies Releases Annual Housing Report
On June 24, the National Council of State Housing Agencies (NCSHA) published an article discussing the release of The State of the Nation’s Housing 2015.
3 Jul 2015
MBA, PwC White Paper Tracks Powerful Impact of Nonbank Servicing
On June 24, HousingWire released an article discussing the release of The Changing Dynamics of the Mortgage Servicing Landscape.
3 Jul 2015
New Jersey S2545/A3793: Concerns Expedited Process for Foreclosing Vacant and Abandoned Residential Properties in Uncontested Actions
On June 8, NJ S2545/A3793 had a second reading and is under consideration in the State House. If enacted, the bill would amend P.L.2012, c.70 (Senate Bill 2156).
30 Jun 2015
New York SB 4498: Provides for Summary Action to Foreclose Upon Vacant and Abandoned Residential Real Property
On May 6, NY SB 4498 was advanced to a third reading. If enacted, the bill would amend the Real Property Actions and Proceedings Law for an expedited procedure for abandoned property foreclosure for residential properties.
22 Jun 2015
Proposed New York Senate Bill S4781-2015
On April 15, NY S4781-2015 was introduced in the Senate and referred to the Housing, Construction and Community Development Committee.
22 Jun 2015
The Subprime Mortgage Crisis Wasn’t About Subprime Mortgages
On June 17, Fortune Magazine published an article discussing new research by Wharton School economists Fernando Ferreira and Joseph Gyourko that presents an argument against the idea that subprime lending triggered the financial crisis.
19 Jun 2015
More than 1.5 Million ?Boomerang Buyers? Could Re-Enter Mortgage Market In Next Three Years
On June 17, DS News released an article discussing a new study released by TransUnion which focuses on homeowners impacted by the recent mortgage crisis.
18 Jun 2015
Florida HB 779 Aims to Protect Renters From Swift Evictions
On June 4, the Sun Sentinel released an article titled New law gives renters more protection.
12 Jun 2015
Glens Falls, NY Set to Begin Eminent Domain Proceedings
On May 27, the Glens Falls Post-Star published an article titled City to use eminent domain to pressure banks to clean up foreclosure properties.
12 Jun 2015