Archives For: Featured Resources
Alabama Among Worst in Nation for Empty Housing
Al.com published a report detailing vacant property rates in Alabama. Currently, the state ranks fourth in the country for raw vacancy, with more than 18 percent of statewide housing units reported as empty.
25 Feb 2020
FHA INFO #20-15: Proposed CWCOT Enhancements
The U.S. Department of Housing and Urban Development (HUD) announced that it has posted proposed enhancements to its Claims Without Conveyance of Title (CWCOT) program on its Single Family Housing Draft Table. All FHA-approved mortgagees, servicers, and other interested stakeholders are invited to review the posted content and provide feedback on the proposed program updates through March 9, 2020.
24 Feb 2020
Erie County Introduces “ZOMBIE Watch”
WBEN published a report outlining the introduction of Erie County, N.Y.’s “ZOMBIE Watch”, a new program created through the county clerk’s ZOMBIES Initiative.
22 Feb 2020
CFPB: Supplemental Notice of Proposed Rulemaking on Time-Barred Debt Disclosures
The Consumer Financial Protection Bureau (CFPB) issued a Supplemental Notice of Proposed Rulemaking regarding the collection of time-barred debt.
21 Feb 2020
President Trump Announces Nomination for Federal Housing Commissioner
President Donald J. Trump announced his intent to nominate Dana T. Wade to be the assistant secretary for housing, federal housing commissioner.
20 Feb 2020
California Bill Aims to Fine Companies in Possession of Vacant Homes
California Senate Bill 1079 would allow jurisdictions (cities/counties) to impose fines on corporations owning multiple single-family homes that have been vacant for more than 90 days. It also would grant tenants the right of first refusal to purchase foreclosed properties. The legislation was introduced on February 19.
19 Feb 2020
Relentless Storms Roll Across Southern U.S.
WSFA NBC 12 issued a report outlining a statewide emergency declaration issued by Alabama Governor Kay Ivey in response to widespread flooding.
18 Feb 2020
VA: VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) issued several updates relevant to servicers. Included is the availability of special relief following earthquakes in Puerto Rico, information pertaining to property redemption procedures and instructions for HOA notices/utility bill document handling after conveyance.
14 Feb 2020
FHFA: Foreclosure Prevention Report – November 2019
The Federal Housing Finance Agency (FHFA) issued its November 2019 Foreclosure Prevention Report.
14 Feb 2020
FHA INFO #20-13: Training Opportunities
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #20-13.
14 Feb 2020