Archives For: Industry Updates
How These Hurricane-Ravaged States Have Avoided a Housing Disaster — So Far
CNN released a report discussing the housing market following the 2017 hurricane season.
22 Apr 2018
Cortez Masto Introduces FHA Foreclosure Prevention Act of 2018
The office of U.S. Senator Catherine Cortez Masto (D-NV) issued a press release announcing the introduction of S.2698 (A bill to make necessary reforms to improve compliance with loss mitigation requirements by servicers of mortgages for single family housing insured by the FHA, and for other purposes).
19 Apr 2018
Senate Addresses Robocalls: What Mortgage Servicers Need to Know
DS News published an article highlighting a recent Senate hearing on robocalls.
18 Apr 2018
The Fault Line?s Implications on California Housing
MReport published an article highlighting a recent CoreLogic report that explores the potential impact an earthquake along the California Hayward fault could have on communities located in the San Francisco East Bay area.
18 Apr 2018
Duffy & Perlmutter Introduce CFPB Transparency Legislation
The office of U.S. Representative Sean Duffy (R-WI) issued a press release announcing the introduction of H.R. 5534 (GUIDE Compliance Act), which aims to bring more transparency to the Consumer Financial Protection Bureau’s (CFPB) guidance process.
17 Apr 2018
Investing in the Future of Default Servicing
DS News published an article discussing some of the emerging technology that can be utilized by the default servicing to overcome challenges and meet the needs of homeowners, investors and industry regulators.
11 Apr 2018
Absecon Considers Fixing Blighted Properties Making Owners Pay
Shore News Today published an article discussing a proposal to create an ordinance in Absecon, New Jersey, that would allow the city to place liens on abandoned properties once it has brought them up to code. If approved, the ordinance would differ from similar ones in existence across the country by allowing for significant work to be completed on properties that have fallen into disrepair.
9 Apr 2018
The Fight Against Zombie Homes Finds a New Ally
DS News published an article discussing a new partnership between Erie County, New York, The Western New York Law Center and Columbia Law School to help municipalities track and monitor zombie foreclosures. The article features comments from Safeguard Properties Founder and Chairman Robert Klein.
6 Apr 2018
Washington Bills Take Aim at Abandoned Properties
HB 2057 (An act relating to the services and processes available when residential real property is abandoned or in foreclosure) was signed by Governor Jay Inslee on March 28, 2018.
28 Mar 2018
Lynn, MA Mediation Law Faces Revocation
MA S.884 (An act clarifying municipal authority regarding cash sureties and foreclosures) has replaced S.2396 in the Massachusetts Senate.
19 Mar 2018