Archives For: Industry Updates
The SJ Post published a report announcing the passage of HB 821 through the Missouri House of Representatives. The bill aims to allow the City of St. Joseph to create a land bank to directly engage 450 vacant structures in violation of its Property Maintenance Code.
7 Mar 2019
Senate Bill 123 (Mortgages; modifying period of time mortgagor has to cure breach or default. Effective date.) had a second reading and was referred to the Judiciary on February 5, 2019.
6 Mar 2019
NY S.1864 passed the New York Senate on February 26, 2019. The bill intends to lower the tax redemption period for certified vacant and abandoned buildings from two to one year. Also included is an amendment (Real Property Tax Law) for municipalities to expedite foreclosure proceedings on such properties based upon certain qualifying factors.
1 Mar 2019
WCHS ABC 8 released a report outlining a Huntington, W.Va., initiative that aims to demolish 100 homes this year.
15 Feb 2019
The Daily Gazette published an article discussing a Schenectady, N.Y., neighborhood redevelopment project. The multi-phase, $62 million endeavor has demolished blighted properties and provided new area housing.
14 Feb 2019
The Journal released an article outlining the first action of the Ogdensburg (N.Y.) Land Bank Corporation.
14 Feb 2019
The Urban Institute issued a research report outlining the impact of the National Foreclosure Mitigation Counseling (NFMC) program.
13 Feb 2019
WRFA published an article discussing a plan by City of Jamestown, N.Y., to apply for a state grant provided by the Zombie and Vacant Properties Remediation and Prevention Initiative.
12 Feb 2019
The Consumer Financial Protection Bureau (CFPB) issued a report outlining recent consumer mortgage complaint activity.
29 Jan 2019
‘Zombies 2.0’: Attorney General James announces $9 Million in Grants for Communities Dealing with Vacant & Abandoned Properties
The office of New York State Attorney General Letitia James issued a press release announcing the expansion of a grant initiative to address the growing statewide issue of vacant and abandoned homes that are not maintained during a prolonged foreclosure proceeding.
28 Jan 2019