Archives For: Industry Updates
State Spotlight: Florida?s Supreme Court Ruling is a Win for Servicers
DS News published an article discussing a recent Florida Supreme Court ruling which decided that servicers may file new foreclosure actions against borrowers who won foreclosure cases more than five years ago if the borrowers defaulted again within five years of the first case’s dismissal.
11 Nov 2016
State Spotlight: The Sun Sets on Nevada’s Foreclosure Mediation Program
DS News released an article discussing the State of Nevada Foreclosure Mediation Program (FMP), which is scheduled to end on June 30, 2017.
9 Nov 2016
Beck Bill to Prevent Sandy Foreclosures Advances Amidst Call for Further Action
New Jersey Senator Jennifer Beck (R-Monmouth) issued a newsletter announcing the passage of S-2300 in the Senate Budget Committee.
4 Nov 2016
Foreclosure Mortgage Fraud Bill Introduced in Illinois
IL HB 6619 had its first reading and was referred to the Rules Committee on November 2, 2016.
2 Nov 2016
Boomerang Buyers Dust Themselves Off to Re-enter Market
DS News published an article discussing the 2.5 million consumers who are set to potentially re-enter the mortgage market in 2017.
27 Oct 2016
Ninth Circuit Holds That Enforcing a Security Interest is Not Necessarily Debt Collection
The National Law Review published an article authored by Mark G. Rackers and Shannon Z. Petersen of Sheppard Mullin Richter & Hampton LLP. The article discusses the United States Court of Appeals for the Ninth Circuit’s affirmation that activities incident to the non-judicial foreclosure of a deed of trust under California state law is not “debt collection” within the scope of the Fair Debt Collection Practices Act.
27 Oct 2016
Treasury: Here?s What Housing Reform Should Look Like
DS News published an article discussing a recent commentary by U.S. Department of the Treasury Counselor Antonio Weiss and Assistant Secretary for Economic Policy Karen Dynan.
27 Oct 2016
Fighting Fire in Louisville, the Hackathon Way
CNET released a report discussing a Louisville, KY pilot program that aims to fight and prevent vacant property fires.
26 Oct 2016
How Long it Takes to Complete a Foreclosure in N.J. by County
NJ.com released an article exploring foreclosure time frames in the state of New Jersey.
25 Oct 2016
OPINION: Recent Efforts to Speed Up Foreclosure Proceedings in N.Y.
Real Estate Weekly published an editorial discussing foreclosure timelines in the state of New York.
25 Oct 2016