Archives For: Industry Updates
Enforcement of Vacant and Abandoned Property Ordinances on Rise
Barley Snyder Attorneys at Law published an article authored by attorneys Scott F. Landis and Joseph P. Schalk. The article explores vacant property registration ordinances (VPRO) and companies like ProChamps that assist municipalities with their enforcement.
21 Apr 2017
Nevada Servicemember Foreclosure Bill Introduced in Senate
NV S.B. 33 has been amended, passed by the Senate and sent to the Assembly. If enacted, the bill will “prohibit the foreclosure of real property owned by certain military personnel or their dependents in certain circumstances”.
18 Apr 2017
NMSA Announces New Chairperson
MReport published an article discussing the appointment of BankUnited EVP of Mortgage Services Ray Barbone as the new chairperson of the National Mortgage Servicing Association (NMSA).
14 Apr 2017
Rhode Island Bills Set Sights on Foreclosed Properties
RI H 5265 was introduced into the Rhode Island General Assembly on January 27 and was recommended to be held for further study by the House Judiciary Committee on March 1. The bill aims to establish the “Foreclosed Property Upkeep Act” and require a purchaser to maintain property by posting a bond and identify an agent for service of process.
5 Apr 2017
Pennsylvania Ponders Fast-Track Foreclosure Bill
On March 1, PA SB 471 was introduced and referred to the Committee on Banking and Insurance.
5 Apr 2017
Post-Hurricane Sandy Bill Grants Homeowners Mortgage Forbearance
NJ.com released an article discussing a New Jersey Department of Community Affairs mortgage forbearance program that would allow certain homeowners affected by Hurricane Sandy to suspend mortgage payments and have them tacked onto the end of their loans.
31 Mar 2017
Foreclosure Process in NY Expedited by Federal Ruling
DS News published an article discussing a New York Eastern District Court decision pertaining to court jurisdiction for foreclosure lawsuits.
13 Mar 2017
Foreclosures and the Year Ahead
DS News published an article highlighting a recent report authored by ATTOM Data Solutions Senior Vice President Daren Blomquist.
28 Feb 2017
Servicing Game-Changer
A new white paper from HousingWire and Community Blight Solutions explores how the 2016 decision by Fannie Mae to reimburse servicers for the use of polycarbonate clearboarding could have a major impact on the effort to reduce blight across the country.
24 Feb 2017
Shooting for the Stars
DS News published an article discussing how servicers can compete with rocket mortgages in 2017.
20 Feb 2017