Archives For: Industry Updates

Maryland SB 197 Proposed Legislation Municipalities-Vacant and Blighted Buildings

On February 2, Maryland Senate Bill 197 (“Municipalities-Vacant and Blighted Buildings”) received its first reading in the Education, Health and Environmental Affairs Committee.

20 Mar 2015

North Carolina Bill Would Permit Homeowners to Exclude Forgiven Mortgage Debt from Taxes

On March 9, DS News released an article discussing a bill approved in the North Carolina House of Representatives which would affect about 4,000 homeowners.

20 Mar 2015

Oregon Proposed Legislation HB 3080 ?Relating to assessments that association of unit owners imposes on foreclosed residential real property?

On February 20, Rep. Sal Esquivel (R-OR) introduced HB 3080, titled “Relating to assessments that association of unit owners imposes on foreclosed residential real property” to the Oregon Legislature.

 

20 Mar 2015

Proposed California Assembly Bill AB 514

On February 23, Assembly Member Das Williams (D-CA) introduced California Assembly Bill 514.  AB 154, if enacted, would amend the local fines and penalties for violations of local building and safety ordinances.

20 Mar 2015

MBA: Principles to Expedite the Foreclosure Process for Vacant and Abandoned Properties

Recently, the Mortgage Bankers Association released a white paper titled Principles to Expedite the Foreclosure Process for Vacant and Abandoned Properties. Versions created in part with the New York Mortgage Bankers Association and Ohio Mortgage Bankers Association have been made available.

 

4 Mar 2015

Nebraska Bill Creates Notification Process for Code Violations on Foreclosed Properties

On February 26, Legislative Bill LB-151 was approved by the Governor of Nebraska.

4 Mar 2015

Kentucky Foreclosure Bill Removed From Consideration

On February 26, the Lexington Herald-Leader released an article titled Sponsor yanks bill that critics said favored banks over homeowners in foreclosure.

 

3 Mar 2015

HomesSafe Georgia Program Helps Borrowers Stay in Homes

On February 12, The Augusta Chronicle published an article titled State program helps homeowners avoid foreclosure.

20 Feb 2015

Florida Appellate Court Rulings Could Resurrect Thousands of Dismissed Foreclosure Cases

On February 14, the Herald-Tribune published an article titled Rulings could breathe new life into dead foreclosure cases.

17 Feb 2015

New Mexico Senator Sponsoring Bills to Provide Protection for Homeowners Facing Foreclosure

On February 13, the Albuquerque Journal published an article titled Bills aimed at protecting homeowners.

17 Feb 2015

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