Archives For: Industry Updates
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
Tough Choices for Servicers After Tenant Foreclosure Law Expires
On February 5, National Mortgage News published an article discussing potential issues facing mortgage servicers after the expiration of the federal Protecting of Tenants at Foreclosure Act at the end of 2014.
10 Feb 2015
San Francisco Controller’s Report Discourages Eminent Domain Use
On February 5, Bloomberg published an article discussing San Francisco Controller Ben Rosenfield’s recent report warning of potential negative impacts from the city’s participation in an eminent domain program designed to help homeowners avoid foreclosure.
9 Feb 2015
Wayne County Begins Foreclosure Proceedings on 75,000 Homes
On January 29, DS News released an article titled Wayne County, Michigan, Begins Tax Foreclosure Hearings.
30 Jan 2015