Archives For: Industry Updates
HUD: Foreclosure Crisis Response with the Neighborhood Stabilization Program
A recent article published by the U.S. Department of Housing and Urban Development’s (HUD) online magazine, Edge, discussed a report released by HUD’s Office of Policy Development and Research (PD&R) concerning the Neighborhood Stabilization Program (NSP).
6 May 2015
Senator Seeks to Permanently Extend Foreclosure Protection for Servicemembers
On May 5, DS News released an article discussing U.S. Senator Sheldon Whitehouse’s (D-Rhode Island) announcement of a bill that aims to permanently extend benefits provided by the Foreclosure Relief and Extension for Servicemembers Act.
6 May 2015
Housing Alliance Targeting Slow Recovery Areas for Loss Mitigation Outreach Events
On April 27, DS News released an article discussing HOPE NOW’s plan to focus its outreach efforts on areas of the country that have been slow to recover from the Great Recession.
30 Apr 2015
“Keep Chicago Renting” Ordinance Undergoes Changes to Close Loopholes
On April 13, the Chicago Tribune published an article titled Aldermen make changes to Chicago foreclosure ordinance.
22 Apr 2015
New York AG Proposes New Expanded Bill to Reduce Zombie Properties
On April 18, the Yonkers Tribune released an article titled A.G. Schneiderman Introduces Expanded Legislation to Combat Spread of “Zombie Properties” Across State.
20 Apr 2015
Homeowners Facing Foreclosure May Instead be Home Free
On March 30, The Boston Globe published an article discussing cases around the country involving borrowers who have missed years of mortgage payments possibly keeping their homes without paying another cent due to the passing of the statute of limitations.
3 Apr 2015
HOPE NOW Planning Loss Mitigation Outreach Events Nationwide in 2015
On April 1, DS News published an article discussing the announcement made by HOPE NOW to host several nationwide outreach events offering loss mitigation options to homeowners facing foreclosure.
3 Apr 2015
Oswego Adopts Ordinance to Maintain Foreclosed Properties
On March 25, the Chicago Tribune (Aurora Beacon-News) released an article discussing an ordinance adopted by Oswego, Illinois that protects taxpayers from foreclosed property maintenance bills.
3 Apr 2015
Protecting Tenants at Foreclosure Act (PTFA) Scheduled to Expire at End of 2014
On March 31, the New Haven Register released an article titled Programs, laws protect Greater New Haven homeowners, tenants from foreclosure.
2 Apr 2015
Massachusetts Proposed Legislation MA HB 1498 “An Act relative to vacant, foreclosing and foreclosed property in the Commonwealth”
On March 10, MA HB 1498 was introduced and referred to the Massachusetts Joint Committee on The Judiciary.
25 Mar 2015