Archives For: Industry Updates
‘Zombies 2.0’: Attorney General James announces $9 Million in Grants for Communities Dealing with Vacant & Abandoned Properties
The office of New York State Attorney General Letitia James issued a press release announcing the expansion of a grant initiative to address the growing statewide issue of vacant and abandoned homes that are not maintained during a prolonged foreclosure proceeding.
28 Jan 2019
St. Louis Prepares to Launch ‘Dollar House’ Program
St. Louis Public Radio (NPR) published an article discussing a St. Louis, Mo., pilot program aiming to reduce the number of vacant, city-owned properties.
28 Jan 2019
Senate Expected to Pass Bill to End Shutdown
The Hill published a report announcing a pending short-term agreement that would fund the federal government until February 15, 2019.
25 Jan 2019
CFPB: Changes to Senior Leadership
The Consumer Financial Protection Bureau (CFPB) issued a press release announcing internal leadership changes.
25 Jan 2019
NJ Land Bank Bill Lands in Assembly
S-1214 was received in the New Jersey Assembly and had a second reading. The bill would allow for the creation of municipal land banks in conjunction with online property database development.
15 Jan 2019
The Shutdown’s Impact on Financial Services
National Mortgage News published an article discussing how financial services are most affected by the ongoing federal government shutdown.
13 Jan 2019
Mortgage Industry Chief Gets Some Federal Employees Back to Work with Pay
The Real Deal posted an article (originally published by The Washington Post) highlighting the recent lobbying efforts of Mortgage Bankers Association (MBA) President and CEO Robert Broeksmit.
13 Jan 2019
Democrats Move to Prevent Foreclosures, Evictions on Unpaid Federal Workers
HousingWire published an article outlining the newly proposed Federal Employee Civil Relief Act (S.72). The bill aims to prohibit landlords and creditors from taking action against federal workers or contractors who are affected by a government shutdown and unable to pay their rent, mortgages, or other loans.
11 Jan 2019
Servicers Treating Government Shutdown Like a Natural Disaster
National Mortgage News published an article discussing ways mortgage servicers are engaging the current federal government shutdown.
4 Jan 2019
Foreclosures in the Big Apple
DS News published an article outlining a recent report from Property Shark detailing fourth quarter 2018 foreclosure activity in New York City.
4 Jan 2019