Archives For: Industry Alerts
Fannie Mae RVS-2015-02 Reverse Mortgage Loan Servicing Manual Update
On June 10, Fannie Mae released an announcement titled Reverse Mortgage Loan Servicing Manual Update.
18 Jun 2015
HUD Awards New Mortgagee Compliance Manager Contract
On June 16, DS News published an article discussing the decision by the U.S. Department of Housing and Urban Development (HUD) to award Information Systems & Network (ISN) with a contract to serve as Mortgage Compliance Manager (MCM).
17 Jun 2015
Lackawanna County Commissioners Introduce Land Bank Ordinance
On June 4, thetimes-tribune.com (Scranton) published an article discussing the first reading of an ordinance by Lackawanna County, PA commissioners that would create a land bank.
12 Jun 2015
Florida HB 779 Aims to Protect Renters From Swift Evictions
On June 4, the Sun Sentinel released an article titled New law gives renters more protection.
12 Jun 2015
Glens Falls, NY Set to Begin Eminent Domain Proceedings
On May 27, the Glens Falls Post-Star published an article titled City to use eminent domain to pressure banks to clean up foreclosure properties.
12 Jun 2015
Milwaukee May Expedite Tax Foreclosures to Crack Down on Delinquent Landowners
On May 31, the Milwaukee – Wisconsin Journal Sentinel published an article discussing a proposed measure that would accelerate the city of Milwaulee’s ability to foreclose on vacant, tax-delinquent properties.
12 Jun 2015
Oversight of Mortgage Servicers Increased in Hawaii
On June 4, National Mortgage News (The Honolulu Star-Advertiser) released an article discussing Senate Bill 1093, newly enacted by Governor David Ige.
12 Jun 2015
Benjamin Lawsky Declares New York’s Foreclosure System ‘Broken’
On May 20, the New York Law Journal published an article titled State Banking Regulator Calls for Foreclosure Changes.
11 Jun 2015
Connecticut Foreclosure Mediation Program Extended Through 2019
On May 27, The Hartford Courant published an article titled House Overwhelmingly Approves Extension Of Foreclosure Mediation.
11 Jun 2015
Governor Cuomo Announces Major Mortgage Companies Agree to Measures to Combat Vacant Abandoned ?Zombie Properties”
On May 18, New York Governor Andrew Cuomo issued a press release announcing the adoption of a set of best practices by 11 financial institutions to address vacant and abandoned properties.
11 Jun 2015