Archives For: Industry Updates
Flood Risk is Growing for U.S. Homeowners Due to Climate Change
CNN recently published a report offering a detailed look at the increasing threat for flooding across the country and the associated risk of financial loss for affected homeowners.
16 Mar 2021
ATTOM: U.S. Foreclosure Activity Sees Uptick in February 2021
ATTOM Data Solutions released its February 2021 U.S. Foreclosure Market Report. The report shows that there were a total of 11,281 U.S. properties with foreclosure filings (default notices, scheduled auctions or bank repossessions).
11 Mar 2021
Senate Vote Confirms Marcia Fudge as HUD Secretary
The U.S. Department of Housing and Urban Development (HUD) announced that Marcia L. Fudge has been sworn in as the eighteenth department secretary.
10 Mar 2021
CFPB: Housing Insecurity and the COVID-19 Pandemic
The Consumer Financial Protection Bureau (CFPB) issued a report summarizing some of the relevant data and research associated with the impact of the COVID-19 pandemic on the rental and mortgage market. Specifically, it outlines the risk of widespread evictions and foreclosures once federal, state and local pandemic protections come to an end.
1 Mar 2021
Texas Judge Finds National Eviction Ban Unconstitutional
CNBC published an article outlining a recent ruling by a Texas federal judge that has designated the current national eviction ban as being unconstitutional.
26 Feb 2021
ATTOM: Total Number of Zombie Foreclosures Drops in First Quarter 2021
ATTOM Data Solutions issued its Q1 2021 Vacant Property and Zombie Foreclosure Report. According to its findings, 1.4 (1,449,253) million residential properties in the U.S. are currently vacant.
25 Feb 2021
Resource: Eviction, Mortgage and Foreclosure Relief During COVID-19
Justia has created an online resource featuring a comprehensive state-by-state review of COVID-19 eviction and foreclosure protections as well as a summary of associated federal actions.
19 Feb 2021
NY Court of Appeals Rules on Foreclosure Deceleration, SOL
DS News published an article discussing a recent New York Court of Appeals decision that provided clear rules around the statute of limitations for foreclosure actions within the state. The article features commentary from McCalla Raymer Leibert Managing Partner Rich Haber.
18 Feb 2021
Take the Muncie Model of Land Banking Statewide
The Star Press published an editorial discussing the Muncie Land Bank (Indiana) and a proposed bill (SB 236) that could make the process of creating other entities more transparent and efficient.
5 Feb 2021
Land Bank Moves Forward in Fort Scott
Fort Scott Biz published an article highlighting the newly-formed Fort Scott Land Bank (Kansas) and its first acquisition.
3 Feb 2021