Archives For: Industry Updates
Not all Materials are Created Equal
DS News released an article outlining a report commissioned by Community Blight Solutions that outlines the benefits of using polycarbonate clearboarding to secure and maintain vacant properties.
14 Feb 2017
Bankruptcy Case Update: A Flawless Foreclosure is Not Preference
Barley Snyder Attorneys at Law released an article authored by Attorney Joseph P. Schalk. In it, Schalk discusses a Pennsylvania court case in which a judge held that a sheriff sale cannot be reversed by way of a preferential transfer action.
13 Feb 2017
Sen. Blumenthal and Rep. Ellison Introduce the Permanently Protecting Tenants at Foreclosure Act
The office of Representative Keith Ellison (D-MN) issued a press release announcing the introduction of H.R. 915/S.325 (Permanently Protecting Tenants at Foreclosure Act).
13 Feb 2017
Tenant Protection Bills Proposed in Several States
Several pieces of legislation revolving around the subject of tenant protection have been introduced in the states of Indiana, New York and Virginia.
9 Feb 2017
Arizona Court: Lender Who Bought Property at Foreclosure by Full Credit Bid Entitled to Title Insurance Coverage
Quarles & Brady LLP posted an article authored by Partner Sarah R. Anchors. The article discusses a recent decision from the Arizona Supreme Court.
9 Feb 2017
Fallout from Home Mortgage Crisis: Lender Claims Property Appraisers Are Liable for Lost Collateral Value
The National Law Review published an article authored by Vincent E. Gentile of Drinker Biddle & Reath LLP. The article explores a series of nine lawsuits filed by a trustee against appraisers whose appraisals were the basis for mortgage loans.
9 Feb 2017
Acceleration Clauses in Foreclosure Actions: New Rules
The New York Law Journal released an article authored by Adam Leitman Bailey and Adam M. Swanson of Adam Leitman Bailey, P.C. The article discusses some of the benefits and pitfalls when using an acceleration clause in a mortgage foreclosure action.
7 Feb 2017
Appeals Court Reverses Self in Real Estate Case That Spawned Eight Amicus Briefs
The Daily Business Review (DBR) released an article discussing a recent decision by the State of Florida’s Fourth District Court of Appeal regarding the state’s lis pendens statute and its effect on liens recorded against properties being foreclosed upon.
6 Feb 2017
Breaking Down Blight
DS News published an article authored by Community Blight Solutions Founder and Chairman Robert Klein. In it, Klein discusses the use of polycarbonate clearboarding as a primary tool to secure vacant and abandoned properties in 2017.
6 Feb 2017
Junior Lienholders and Banks Need to Take Care to Timely File Claims for Surplus Funds
Dean Mead Attorneys at Law published an article authored by Attorney Joel C. Zwemer. The article reviews a recent decision by the Florida Fifth District Court of Appeals that addresses surplus funds from a foreclosure sale that may be used to pay junior liens and mortgage claims if a claim is submitted by the junior lienholder or mortgage holder within the time prescribed by statute.
6 Feb 2017