Archives For: Industry Updates
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
PA Registration Bill Would Require Foreclosed Property Maintenance
A proposed Pennsylvania bill (HB372) would require the registration of foreclosed properties with the local municipality. Once registered, foreclosing entities would be responsible for property maintenance.
3 Feb 2021
Janet Yellen Sworn In As Secretary of the U.S. Department of the Treasury
The U.S. Department of the Treasury announced that Janet L. Yellen has been administered the oath of office to become its 78th secretary.
26 Jan 2021
Treasury Announces Appointment of Key Members of Staff
The U.S. Department of the Treasury announced new members of staff who will serve in key roles.
25 Jan 2021