Archives For: Industry Updates
Governor Larry Hogan Announces Statewide Violent Crime Initiatives
The office of Maryland Governor Larry Hogan issued a press release announcing a series of initiatives poised to combat criminal gang enterprises and repeat offenders responsible for violent crime throughout the state. Included is a directive to identify and expedite the demolition of vacant properties located in the highest-crime areas of Baltimore.
5 Dec 2017
Pertinent Legislation Proposed in Mass.
Several bills have been introduced in Massachusetts relating to property maintenance and the foreclosure process.
25 Nov 2017
Here are the changes to California’s Homeowner Bill of Rights you need to know
HousingWire published an article outlining a number of changes pertaining to California’s Homeowner Bill of Rights (HOBR), which will be effective on January 1, 2018.
21 Nov 2017
Hurricanes Could Bring Another Disaster: Foreclosures
CNN issued a report discussing possible foreclosure risk stemming from areas affected by recent hurricanes.
10 Nov 2017
Monroe County said it wouldn’t repay towns for demolishing zombie homes. The towns sued
The Democrat & Chronicle published an article discussing a lawsuit between Monroe County, N.Y. and its corresponding towns, Brighton and Irondequoit.
9 Nov 2017
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