Archives For: Industry Updates
Post-Foreclosure Evictions Haunt Some Renters
On June 15, the Chicago Tribune published an article titled Post-Foreclosure Evictions Haunt Some Renters.
16 Jun 2014
SC S1007 Expedites Foreclosures for Abandoned Property
On June 2, South Carolina Governor Nikki R. Haley signed into law S1007, which provides a process for expediting mortgage foreclosures for abandoned properties.
13 Jun 2014
Berkeley Studies Underwater Mortgage Problem, Supports Richmond’s Eminent Domain Plan
On May 8, CBS reported on a story titled UC Berkeley Study Looks At Underwater Mortgage Problem, Supports Richmond’s Eminent Domain Plan.
13 May 2014
Foreclosure Fast-Tracking Gains Momentum
On May 12, National Mortgage News published a blog authored by Lynn Effinger, executive vice president of business development for ZVN Properties, titled Foreclosure Fast-Tracking Gains Momentum.
12 May 2014
KY SB 36 Right of Redemption
On April 10, Kentucky Governor Steve Beshear signed into law, Senate Bill 36, subtitled AN ACT Relating to the Right of Redemption.
15 Apr 2014
ME HP 992 Will Expedite Foreclosure Process
On April 5, Maine House Bill H.P. 992, subtitled “An Act To Expedite the Foreclosure Process” was approved by Governor Paul LePage. On April 10, bangordailynews.com published an article titled Attorney General Says New Law Will Improve Residential Foreclosure Process in Maine.
15 Apr 2014
Banks Pushing Court Foreclosures Means More Inventory
On April 10, Mortgage Servicing News published an article titled Banks Pushing Court Foreclosures Means More Inventory.
10 Apr 2014
OH HB 223 Advances to Senate for Consideration
On April 2, Ohio HB 223 was passed by the House and is now being considered by the Senate. On April 3, The Columbus Dispatch published an article titled Bill Would Help Columbus Address Blighted Houses.
8 Apr 2014
WA HB 2723 Modifies Certain Provisions Governing Foreclosures
On March 31, Washington Governor Jay Inslee signed House Bill 2723, which modifies certain foreclosure fairness act provisions. The bill becomes effective June 12, 2014.
7 Apr 2014
WV SB 600 Regulates Maintenance and VPR of Uninhabitable Properties
On March 6, West Virginia SB 600 passed the House and went before Governor Earl Ray Tomblin for consideration. Governor Tomblin signed the bill on March 28 and it goes into effect June 4. The bill clarifies responsible parties for compliance with municipal ordinances regarding the registration, maintenance, and regulation of dwellings unfit for habitation, vacant buildings, and vacant properties.
2 Apr 2014