Archives For: Industry Updates
New Dallas Initiative Targets Neighborhoods with Repeat Code Complaints
WFAA ABC 8 published an article outlining a new pilot program in Dallas, Texas, that will allow city staff to address repeated resident complaints relating to code enforcement and other neighborhood issues. The program, called the “Targeted Action Plan”, will begin in District 4 and then spread across other areas of the city.
25 Jun 2018
Pintor Marin & Calabrese Bill to Establish Protections for New Homeowners of Foreclosed Properties Approved by Assembly
Insider NJ posted a press release discussing the passage of A3366 (“Requires provisions regarding sellers’ obligation to deliver marketable and insurable title in certain residential real estate contracts of sale”) in the New Jersey Assembly. The bill has since been received in the Senate and referred to the Commerce Committee.
25 Jun 2018
Zombie Property Act Introduced in New York
AB 1563 (Zombie Property Remediation Act of 2017) recently advanced in the New York Assembly and has been referred to the Assembly Codes Committee.
20 Jun 2018
Appeals Court Addresses Foreclosures & Promissory Notes
DS News published an article discussing a recent New Jersey appeals court contested foreclosure case.
20 Jun 2018
Bill to Lower Foreclosure Process Gains Momentum
PA HB 653 was signed by Governor Tom Wolf on June 19, 2018.
19 Jun 2018
Climate Change Threatens More Than 300,000 Coastal Homes
HousingWire published an article outlining a new report from the Union of Concerned Scientists (UCS).
19 Jun 2018
Redevelopment Authority Bill Approved in Pennsylvania
HB 667 was signed by Governor Tom Wolf. The legislation will grant redevelopment authorities the same power currently utilized by land banks through the Pennsylvania Land Bank Act.
19 Jun 2018
Waters Introduces Bill to Increase FHFA Foreclosure Oversight
HousingWire published an article outlining the introduction of H.R. 6102 (Homeowners Mortgage Servicing Fairness Act of 2018) by U.S. Representative Maxine Waters (D-CA) on June 14, 2018.
18 Jun 2018
National Mortgage Servicing Association Petitions FCC on TCPA Regs
DS News published an article discussing a letter from the National Mortgage Servicing Association (NMSA) to the Federal Communications Commission (FCC) that requests clarifications and guidance for regulations imposed by the Telephone Consumer Protection Act (TCPA).
13 Jun 2018
State Supreme Court Issues Foreclosure Ruling
DS News published an article outlining a recent Wisconsin Supreme Court case where it was decided that claim preclusion does not prevent a lender from bringing further foreclosure actions if a borrower remains in default after the initial dismissal.
8 Jun 2018