Archives For: Industry Updates
Kearns To Fight Proposed Zombie Property Plans
Spectrum News published a report discussing criticism of the City of Buffalo’s newly revised tax foreclosure process from Erie County, N.Y., Clerk Mickey Kearns.
10 Sep 2019
Freddie Mac: FHLMC Guide Bulletin 2019-18: Servicing Updates
Freddie Mac issued a release announcing servicing updates that will provide greater flexibility and opportunities for operational efficiency.
14 Aug 2019
HUD: Mitigation Funds to be Released in Two Tranches
The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing the release of an upcoming Federal Register notice that will release disaster mitigation funds in two tranches to areas impacted by recent storms.
2 Aug 2019
Disaster Reporting in the United States
The Urban Institute published a report including a summary of the losses from major disasters, both in data from FEMA and in data on billion-dollar disasters published by the National Oceanic and Atmospheric Administration (NOAA).
2 Aug 2019
City Launches ‘Zombie Team’ to Track Neighborhood Eyesores
PIX 11 published an article discussing a New York City Department of Housing Preservation and Development initiative that aims to monitor abandoned properties throughout the city and transform them into affordable housing.
1 Aug 2019
U.S. Coastal Communities at Risk for Coastal Flooding
Zillow issued a report that pairs its housing data with Climate Central’s sea-level rise expertise to identify the number of homes located in low-lying coastal areas and projects how many could become exposed to chronic ocean flooding over the coming decades.ok.
31 Jul 2019
Is a Recession on the Way?
DS News published an article discussing data from the latest Zillow Home Price Expectations Survey. According to the survey, a panel of real estate economists and experts have concluded that a recession is likely to hit in 2020.
25 Jul 2019
Waters Introduces FHA Foreclosure Prevention Act
Congresswoman Maxine Waters (D-CA) introduced H.R. 3958 (FHA Foreclosure Prevention Act of 2019). The bill aims to make reforms to improve compliance with loss mitigation requirements by FHA mortgage servicers and to prevent foreclosure. A companion measure (S. 2279) has been introduced in the U.S. Senate by Senator Catherine Cortez Masto (D-NV).
25 Jul 2019
Auction.com: Distressed Market Outlook
Auction.com released its first quarter 2019 Distressed Market Outlook.
25 Jul 2019
Freddie Mac: FHLMC Guide Bulletin 2019-12: Servicing Updates
Freddie Mac issued a release containing updates relating to deed-in-lieu foreclosure insections and subsequent transfer of servicing requirements for mortgages registered with MERS.
12 Jul 2019