Archives For: Featured Resources
Urban Institute Launches Servicing Collaborative
National Mortgage News published an article discussing a new initiative created by the Urban Institute’s Housing Finance Policy Center that aims to address rising mortgage servicing costs.
8 Feb 2017
Acceleration Clauses in Foreclosure Actions: New Rules
The New York Law Journal released an article authored by Adam Leitman Bailey and Adam M. Swanson of Adam Leitman Bailey, P.C. The article discusses some of the benefits and pitfalls when using an acceleration clause in a mortgage foreclosure action.
7 Feb 2017
FEMA Declared Disaster Mississippi
On February 6, 2017, FEMA issued an update to a Presidential Major Disaster Declaration for areas in Mississippi as a result of tornadoes, straight-line winds and flooding that took place January 20-21, 2017.
6 Feb 2017
Appeals Court Reverses Self in Real Estate Case That Spawned Eight Amicus Briefs
The Daily Business Review (DBR) released an article discussing a recent decision by the State of Florida’s Fourth District Court of Appeal regarding the state’s lis pendens statute and its effect on liens recorded against properties being foreclosed upon.
6 Feb 2017
Breaking Down Blight
DS News published an article authored by Community Blight Solutions Founder and Chairman Robert Klein. In it, Klein discusses the use of polycarbonate clearboarding as a primary tool to secure vacant and abandoned properties in 2017.
6 Feb 2017
Junior Lienholders and Banks Need to Take Care to Timely File Claims for Surplus Funds
Dean Mead Attorneys at Law published an article authored by Attorney Joel C. Zwemer. The article reviews a recent decision by the Florida Fifth District Court of Appeals that addresses surplus funds from a foreclosure sale that may be used to pay junior liens and mortgage claims if a claim is submitted by the junior lienholder or mortgage holder within the time prescribed by statute.
6 Feb 2017
Mass. SJC Holds Omission of Post-Foreclosure Notice Did Not Void Foreclosure
The Consumer Financial Services Blog published a post by Maurice Wutscher Attorney Brady Hermann that discusses a recent Massachusetts Supreme Judicial Court affirmation of a lower court’s ruling.
6 Feb 2017
Freddie Mac: January 27 Updates to Forms 16SF/1107SF Delayed
Freddie Mac issued a release outlining the delay of updates to the electronic versions of both Form 16SF and Form 1107SF. The updates were previously announced in Single-Family Seller/Servicer Guide Bulletins 2016-21 and 2016-23.
2 Feb 2017
What’s So Special About a Foreclosure Special Proceeding?
Ward & Smith, P.A. published an article by Attorney Lance P. Martin that explores a recent North Carolina Supreme Court decision.
1 Feb 2017
Fannie Mae: A New Investor Reporting Process is Now in Effect
Fannie Mae issued a news release highlighting a number of updates relevant to servicers and sellers.
1 Feb 2017