Archives For: Featured Resources
Chicago Targets ?Zombie Housing? for Renewal, Block by Block
U.S. News & World Report published an article outlining a partnership between the City of Chicago, Ill., nonprofit community groups, financial institutions and others that aims to revitalize housing left behind in the foreclosure crisis.
9 Jul 2018
Indiana Reopens Embattled Foreclosure Prevention Program Following Criticism from Federal Auditors
WRTV ABC 6 released a report outlining the recent reopening of Indiana’s Hardest Hit Fund application process. The action will allow homeowners who have fallen behind their mortgage to apply for a one-time assistance of up to $30,000.
9 Jul 2018
This California Town Will Give a $500 Monthly Stipend to Residents
CNN issued a report discussing a planned Universal Basic Income (UBI) initiative set to take place in Stockton, Calif., which aims to give 100 residents $500 a month for 18 months without any conditions. It appears that the funds could be utilized for mortgage payments, thereby mitigating mortgage delinquency and property abandoned.
9 Jul 2018
CFPB: Acting Deputy Director Announced
The Consumer Financial Protection Bureau (CFPB) issued a press release announcing the selection of Brian Johnson as Acting Deputy Director.
9 Jul 2018
FHLMC Guide Bulletin 2018-11: Subsequent Transfers of Servicing and Intra-Servicer Portfolio Moves
Freddie Mac issued a release announcing the delay of updates associated with its Service Loans application.
6 Jul 2018
Rockingham County to Collect Nuisance Fees for Cities, Towns
Rockingham Now released an article discussing the efforts of Rockingham County, N.C., to add city and town nuisance abatement fees to its tax bills.
4 Jul 2018
HUD: FHA INFO #18-27: Elimination of FHA Inspector Roster
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #18-27.
3 Jul 2018
FEMA Declared Disaster Maryland
FEMA issued a Presidential Major Disaster Declaration for areas in Maryland as a result of severe storms and flooding that took place May 27-28, 2018.
2 Jul 2018
Court Temporarily Halts Evictions of 2,000 Puerto Rican Disaster Victims
HousingWire published an article discussing a recent decision from the U.S. District Court of Massachusetts.
2 Jul 2018
Foreclosure Prevention and Community Stabilization Activities Under CRA
Regulatory agencies continue to promote the preservation of affordable housing opportunities, including various disposition strategies for Real Estate Owned (REO) properties in accordance with the Community Reinvestment Act (CRA).
2 Jul 2018