Archives For: Industry Updates
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
Milwaukee May Expedite Tax Foreclosures to Crack Down on Delinquent Landowners
On May 31, the Milwaukee – Wisconsin Journal Sentinel published an article discussing a proposed measure that would accelerate the city of Milwaulee’s ability to foreclose on vacant, tax-delinquent properties.
12 Jun 2015
Oversight of Mortgage Servicers Increased in Hawaii
On June 4, National Mortgage News (The Honolulu Star-Advertiser) released an article discussing Senate Bill 1093, newly enacted by Governor David Ige.
12 Jun 2015
Benjamin Lawsky Declares New York’s Foreclosure System ‘Broken’
On May 20, the New York Law Journal published an article titled State Banking Regulator Calls for Foreclosure Changes.
11 Jun 2015
Connecticut Foreclosure Mediation Program Extended Through 2019
On May 27, The Hartford Courant published an article titled House Overwhelmingly Approves Extension Of Foreclosure Mediation.
11 Jun 2015
Governor Cuomo Announces Major Mortgage Companies Agree to Measures to Combat Vacant Abandoned ?Zombie Properties”
On May 18, New York Governor Andrew Cuomo issued a press release announcing the adoption of a set of best practices by 11 financial institutions to address vacant and abandoned properties.
11 Jun 2015