Archives For: Industry Updates

Milwaukee Council Approves Ordinance Identifying Homes Near Foreclosure

On June 23, the Milwaukee-Wisconsin Journal Sentinel published an article titled Aldermen pass measure targeting zombie houses.

17 Jul 2015

Remediating Abandoned, Inner City Buildings Reduces Crime and Violence in Surrounding Areas, Penn Study Finds

The University of Pennsylvania Perelman School Of Medicine issued a news release discussing a recent study conducted by University researchers.

8 Jul 2015

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

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