Archives For: Industry Updates

Governor DeSantis Signs Legislation to End the Squatters Scam in Florida

Florida has introduced new legislation, House Bill 621, aimed at addressing the issue of squatters. It is set to take effect on July 1, 2024.

27 Mar 2024

City Council Passes Vacant Property Registration, Public Nuisance Ordinances

Jamestown City Council has unanimously passed a vacant property registration ordinance to help curb blight on vacant properties.

26 Mar 2024

New Phila Starts Vacant Property Registry

Owners of vacant properties in New Philadelphia must register them with the city within the next 90 days according to a new ordinance.

26 Mar 2024

FHFA Releases 4th Quarter 2023 Foreclosure Prevention and Refinance Report

FHFA released its 4th quarter 2023 Foreclosure Prevention and Refinance Report, showing Fannie Mae and Freddie Mac completed over 43K prevention actions.

25 Mar 2024

Baltimore City Selling Properties for $1 to Address Vacant Home Crisis

Baltimore is selling vacant properties for $1 with the goal of rehabbing some of the city’s thousands of vacant homes.

22 Mar 2024

First Look at February 2024 Mortgage Data

ICE reports that the national delinquency rate eased to 3.34% in February 2024, down 4 basis points from the previous month.

21 Mar 2024

Share of Mortgage Loans in Forbearance Holds Steady at .22% in February

MBA’s monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance remained unchanged in February 2024.

18 Mar 2024

City Adopts Fees for Short-Term Rental, Vacant Property Registries

The city of Plattsburgh, NY has established annual fee schedules for its recently formed short-term rental and vacant property registries.

13 Mar 2024

Town Taking Aim at Unsafe, Unsightly Properties

Hagerstown, IN is reaching out to owners of blighted properties, advising they have 30 days to fix the issues or explain their plans for improvement.

13 Mar 2024

Concerns About Blighted Properties Could Soon be Resolved in Crowley

The Crowley, LA mayor and town council are working on a plan to help owners of blighted properties with no-cost repairs.

13 Mar 2024

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